Over the past year, Ionia's money supply decreased by $1 billion, $3 billion in bonds were sold to the public, an unused military base was sold for $5 billion, and the government spent $20 billion. Ionia had a budget surplus. deficit. Determine the amount of Ionia's budget deficit or surplus. $ billion Determine the amount of Ionia's tax revenue for the year.

Answers

Answer 1

1. Based on the information given Ionia had a budget deficit.

2. The amount of Ionia's budget deficit or surplus is $9 billion.

3. The amount of Ionia's tax revenue for the year is $11 billion.

1. Based on the information given Ionia had a budget deficit because the amount spent higher than the revenue.

2. Ionia's budget deficit or surplus

Budget deficit or surplus=$1 billion+$3 billion+$5 billion

Budget deficit or surplus=$9 billion

3. Tax revenue

Tax revenue= $20 billion-($1 billion+$3 billion+$5 billion)

Tax revenue-$20 billion-$9 billion

Tax revenue=$11 billion

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Answer 2

Answer:

A deficit of $7 Billion

Tax revenue of $13 Billion

Explanation:

Much like a cash‑strapped individual may run up a credit card bill or sell a TV set, governments must borrow or sell assets to cover a budget deficit. The government budget constraint summarizes these options.

−=ΔM+ΔB+ΔA

In the equation, is government spending, is tax revenue, ΔM is changes in the money supply, ΔB is bonds sold to the public, and ΔA is assets sold. If government bonds are sold to another government agency, the money supply increases by that amount. If is greater than , there is a budget deficit and the budget constraint will be a positive number.

As the numbers show, Ionia has a deficit of $7 billion.

−=ΔM+ΔB+ΔA= −$1 billion+$3 billion+$5 billion=$7 billion

Use this deficit and Ionia's government spending of $20 billion to determine tax revenue.

−=$7 billion

=−$7 billion=$20 billion−$7 billion=$13 billion


Related Questions

Donald is a minor. He can enter into any contract an adult can, provided a. Donald is willing to disaffirm the contract. b. the adult is willing to enter into contracts with minors. c. the contract is not one prohibited by law for minors. d. an adult is willing to ratify the contract.

Answers

Donald will be able to get into a contract with an adult if c. the contract is not one prohibited by law for minors.

Generally speaking:

the law does not allow minors to get into contracts with adults.There are times however, when a minor and an adult can enter into a form of contract.

For a minor and an adult to get into a contract, that particular type of contract must be allowed by law for minors and adults to be parties. If this is not the case, that contract is void.

In conclusion, Donald can enter into a contract that the law allows him to enter into with an adult.

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Colbert Inc. acquired 100% of Stewart Manufacturing on January 2, 2020. During 2020, Colbert sold Stewart $640,000 of goods, which had cost $450,000. Stewart still owned 18% of the goods at the end of the year. In 2021, Colbert sold goods with a cost of $820,000 to Stewart for $1,000,000, and Stewart still owned 15% of the goods at year-end. For 2021, the cost of goods sold totaled $5,800,000 for Colbert, and $1,300,000 for Stewart. What was consolidated cost of goods sold for 2021

Answers

Based on the information given the consolidated cost of goods sold for 2021 is $6,092,800.

First step is to calculate 2021 Intra-Entity Gross Profit

2021 Intra-Entity Gross Profit= ($1,000,000 − $820,000) ×15%

2021 Intra-Entity Gross Profit= $180,000 ×  15%

2021 Intra-Entity Gross Profit= $27,000

Second step is to calculate 2020 Intra-Entity Gross Profit

2020 Intra-Entity Gross Profit= ($640,000 − $450,000) ×18%

2020 Intra-Entity Gross Profit=$190,000 ×18%

2020 Intra-Entity Gross Profit = $34,200

Third step is to calculate consolidated cost of goods sold for 2021 using this formula

Consolidated COGS = Parent's COGS  + Subsidiary's COGS− Total COGS in Intra-Entity Transfer − Intra-Entity Gross Profit Deferred from 2020 + Intra-Entity Gross Profit Deferred from 2021

Let plug in the formula

Consolidated COGS =$5,800,000+ $1,300,000- $1,000,000-$34,200 +$27,000

Consolidated COGS = $6,092,800

Inconclusion the consolidated cost of goods sold for 2021 is $6,092,800.

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why it is so difficult to compare unemployment rates in the United States with unemployment rates in poorer countries?

Answers

Answer: unemployment rate depends solely on the size of labor force and every country has different labor force sizes.

Explanation: https://coursepivot.com/tutor-answers/which-of-the-following-helps-explain-why-it-is-so-difficult-to-compare-unemployment-rates-in-the-united-states-with-unemployment-rates-in-poorer-countriesselect-the-correct-answer-below/#:~:text=Cross-country%20comparisons%20of%20unemployment%20rates%20is%20difficult%20to,and%20every%20country%20has%20different%20labor%20force%20sizes.

what is meant by operational management?

Answers

Operations management (OM) is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization

Mark Brainliest please

hi yabbo daboo gama juice

Answers

Answer:

don't even know what u really saying

How does consumer law damage business?

Answers

Complying with the law will avoid legal problems and assure customers about the quality of the products sold by a business. ... It will also help to maintain a good reputation for the business.

A jeans maker is designing a new line of jeans. These jeans will sell for $410 per unit and cost $328 per unit in variable costs to make. Fixed costs total $120,000. The contribution margin ratio is:

Answers

Based on the fixed costs and the variable costs, the contribution margin ratio is 20%.

The Contribution margin is calculated as:

= Selling price - Variable costs

= 410 - 328

= $82

The Contribution margin ratio is:

= Contribution margin / Selling price

= 82 / 410 x 100%

= 20%

In conclusion, the contribution margin ratio is 20%.

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How does the Army Corps of Engineers affect agriculture?

A.
They oversee safety standards.

B.
They develop new pesticides.

C.
They develop new machinery.

D.
They oversee some waterways.

Answers

Answer:

D. They oversee some waterways.

Explain how Nike came to that situation through its expansion strategy

Answers

Answer:

Other than its superior products, it was able to expand thanks to its use of global marketing strategies to help expand its business globally and gain market share everywhere. Nike was able to use social media presence and strategic partnership and sponsorship to gain global consumers and market share

Explanation:

follow me please and like this

Consequences of business policy

Answers

1. Management Should formulate business that are favorable to the interest of the society. By doing this its also promoting its own business interest. Cleary a business organization cannot operate within the a sick society.

2. •Products are adulterated. •Political bribery •Illegal gifts • and other illegal incentives.

3. Consumers are generally weak to fight such as negative business activities, particularly among the poor countries. Consumers in the rich countries are more vigilance against business abuses.

4. Management must consider the impact of every business action upon society. It has to consider whether the action is likely to promote the public good, to advance the basic beliefs of our society, to contribute to its stability, strength and harmony

5. •Should you have a partner? •What type of business organization is the best for you? •Laws that may affect you? •How can your professional help you?

6. The profit factor is a vital element of business. The first responsibility of management is to operate at a profit.

7. Consumers tend to purchase more goods at lower price. And will they get more profit because more goods are bought.

- BRAINLIEST answerer


Explain how the Halloween holiday is related to economics.

Answers

Some argue that Halloween spending diverts resources that would be better spent on longer-term, more productive economic activity. While others argue that Halloween spending is inefficient at satisfying consumer wants, thus spurring more spending overall, causing the economy to grow. Example: the state of the economy affects the Halloween industry more than Halloween affects the state of the economy. In a down economy, for instance, consumers may be less likely to spend on frivolous goods such as costumes, candy, pumpkins, and home decorations. Or Conversely, booming economic times might serve as a boon to Halloween expenditures. Regardless of which way the relationship goes, many economists believe the increase in spending has a positive effect on the economy.

You are planning to write your resume and take pride in your ability to describe your strengths. What do experts recommend when writing your resume? HELP ASAP

Both answers A and B
Write a clear strong statement of your accomplishment
Write a statement of your potential, talents, and current responsibilities
If your skill have been used in the past and will continue to be used

Answers

If a person is planning to write their resume and take pride in their strengths, it's advisable to write a clear strong statement of your accomplishments and a statement of their potential, talents, and current responsibilities.

A resume simply means a brief account of the personal, professional qualifications, educational qualifications, experience etc of a person.

It should be noted that when writing a resume, it's important to have a clear strong statement of your accomplishment as well as a statement of your potential, talents, and current responsibilities.

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have no control over the price they charge for their product.
O Price takers
O Price searchers
O Price makers
O Price manipulators

Answers

Answer:

○ price makers.

Explanation:

they are the ones who make the price so they have no control over the price

How does Lexie’s current interview technique limit her effectiveness as an interviewer

Answers

Interviews often takes different forms. Lexie's current interview technique limits her effectiveness as an interviewer as the wide latitude of these nondirective interviews can result in low reliability and often poor validity.

Interviewing is simply the process whereby individuals do exchange information. The individuals is often interested with a job opening, a promotion, a special assignment etc.

Interviewing in some of business setting do takes place in an atmosphere that is filled with a sense of urgency as the time allocated to the interview is  little.

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You see on a commercial that OrangeCo is offering a credit card with a 5% cashback program for all cardholders. Which question might help you evaluate how good this offer is?

A.) Does the cashback program apply to all purchases or only specific types of purchases like gas and groceries?

B.) Can I get a debit card along with a new credit card?

C.) Who does OrangeCo use as their spokesperson in the commercial?

D.) Do I still get the cash back even when I return my purchases to the store?

Answers

An excellent question to determine how good the offer is, is A.) Does the cashback program apply to all purchases or only specific types of purchases like gas and groceries?

When checking how good an offer is, some important things to find out are:

How extensive is the offer How much does the offer result in you saving Who does the offer apply to

The question in option A reflects the extensiveness of the offer and so it is a great question to ask when assessing the offer as it would show just which products can be purchased.

In conclusion, option A is correct.

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Will give Brainlist if answer is correct with explanation and quick!!!


According to the box, Online Grocery Shopping, what is Amazon's greatest challenge when it comes to competing against companies offering curbside pickup for online grocery orders at Walmart and Kroger?

A) figuring out the most efficient ways to get groceries to customers' homes
B) figuring out which local grocery stores to buy AmazonFresh products from
C) figuring out where to set up curbside pickups at Amazon distribution centers
D) figuring out where to build Amazon grocery stores around the U.S.

Answers

The greatest challenge that Amazon faces from Walmart and Kroger, which offer curbside pickup of online groceries, is C. figuring out where to set up curbside pickups at Amazon distribution centers.

With Amazon's giant online presence and performance, it can dominate the online grocery market. However, it has Walmart and Kroger to contend with because these have developed curbside pickups for online grocery orders.

The above statement implies that Amazon does not have a problem figuring out the best delivery means, the local grocery stores to buy products from, or the locations to build Amazon grocery stores.

Thus, the challenge that Amazon faces from Walmart and Kroger is Option C.

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Najah, a management researcher, conducted an experiment with the goal of confirming or contradicting the behavioral leadership approach. Najah spent many days following managers around while they worked. Like the Ohio State University and University of Michigan studies, Najah’s data showed that most managers focus on

a. tasks and relationships.
b. consideration and inspiration.
c. initiating structure and production.
d. transactions and empowerment.

Answers

Considering the research studies, Najah’s data showed that most managers focus on "consideration and inspiration."

This is because the research findings of the Ohio State University and University of Michigan studies on managers' behavioral leadership revealed that managers focus on consideration and inspiration.

Notably, the Ohio State University ts that managers tend to be either high or low sides of initiating structure and consideration regarding leadership behavior.

Hence, in this case, it is concluded that the correct answer is option B. "consideration and inspiration."

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why are there so many creapy online kids make your own answer to the question

Answers

Answer:

Because they are objective-less

Explanation:

They just try to be creepy for no reason other than a passtime. Well it's their thing, I really don't understand their negative attitude.

Answer:

I feel like these people on brainly are just the cyberbullier's who just be super rude to hurt someone's emotions.

Explanation:

I also know those bots on brainly. You must know them, they literally just past a bitly link in there, and wow, like what the heck, who won't know that that is a total VIRUS! So yeah, good thing there is someone called "Katie" on brainly who clears those answers. But the problem is that, other people can't answer that question anymore.

Thanks, hope this helped you.

What would you do if you found out that you wrote a cheque of $78 but it was recorded as $98 in check register?

Answers

dont do anything because ur getting money

Explain how using a credit card can be similar to
getting an interest free loan

Answers

Answer: Credit cards can easily work as a short-term loan, but cards that offer 0% APR for a limited time have the potential to be “free.” The key to using a credit card as an interest-free loan is making sure you can pay every cent of your balance off before your card's introductory offer ends.

Explanation:

Assume that the following data describes the condition of the banking system

Answers

Answer:

what's the data?,so I can answer the question.

Retail chains try to design their store environments and layouts so as to make shopping as enjoyable and easy as possible and thereby encourage consumers to linger and make purchases. This most relates to

Answers

When Retail chains designed their store environments and layouts to make shopping enjoyable and easy, its  most relates to physical environment.

Retails chains refers to chain of stores that sell similar items and under the control of the head office.

A very good example of Retails chains includes Wal-Mart, Target etc.

Usually, retails chains (like Wal-Mart, Target) designed their store environments to make shopping very enjoyable and easy for the customers.

Therefore, the operation most relates to physical environment.

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Discussion Questions
If someone owes you money, and that person or business goes into bankruptcy, why
would it make a difference if you were a secured or unsecured creditor?
>
o First define secured and unsecured creditor then explain.

Answers


Hi how was your day mine was fine

Describe the internal control features that were missing that enabled the employee to commit this fraud.

Describe what actions the employer should take to prevent this kind of fraud from happening in the future.

High-Flying Auto Dealer Employee Steals $10M For Luxuries
The scheming employee was able to electronically transfer funds from the company's online account to her own personal account and use the funds to buy four homes, 10 vehicles, Louis
Vuitton luggage, jewelry, $30,000 in pre-paid travel funds and stow away more than $20,000 in savings, court records show. Authorities said she covered up the thefts with a series of fake transactions as well as listing phantom cars in inventory so they could be recorded as assets.

Answers

Answer:

yes my answer is yes

Explanation:

I dont know

4. Will Juan Carlos meet his $4,000 goal for every year in college with this plan? Explain your .

Answers

With this plan, Juan Carlos will not meet his goal because with this plan he can save only $2400.

Based on the information about the plan, let's calculate how much will Juan Carlos save.

Important information:

Money Juan Carlos saves per hour: $10 Number of hours per week: 20 hoursTotal of money every week: $200

We also know he will work during the summer that is 12 weeks.

$200 x 12 weeks = $2400

This means the total of money he can save is $2400 and therefore he can't save $4000 by using that plan.

Note: This question is incomplete because information about the plan is missing, here is the missing information.

Juan Carlos words 20 hours/week during the summer, 0 hours/week during the school year, but saves 100% of his income.There are 40 weeks in a school year and 12 weeks of summer. Assum Juan Carlos makes $10/hr

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When asked how positive or negative they feel about their work, fewer than 20% of U.S. workers report being dissatisfied with their jobs.

Answers

According to statistical data, it is indeed TRUE that less than 20% of U.S. workers are dissatisfied with their jobs.

According to recent labor statistics:

85% of Americans are satisfied with their jobs Most Americans don't mind the roles they execute at work

If 85% of people are satisfied then the percentage is potentially dissatisfied is:

= 100% - 85%

= 15%

It is therefore true that less than 20% are dissatisfied.

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explain two approaches that can be used to calculate GDP and explain why these Ovo approaches give the samw value to GDP​

Answers

Answer:

the value added approach the income approach the expenditures approach

If the monopolist faces a constant marginal cost of $5, how much output should the firm produce in order to equal marginal revenue with marginal cost

Answers

Answer:

7

Explanation:

Maybe

Why Does a Taxi To Gatwick Airport Make So Much Sense?

Answers

Answer:

Because se seen is very beautiful no te jode

Explanation:

If you go by car blalalal is more goood

how does it make sense

Whats the best Kool-aid packit

Answers

Answer:

ik this doesnt help, but there all  gross in my opinion sry lol

Explanation:

Answer:

lemonade grape red white and blue and blue raseberry

Explanation:

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