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How do net exports help determine the nation's income?
When imports exceed exports, a trade deficit can occur
What is fiscal excess?
Fiscal excess refers to a situation where a government's expenditures exceed its revenues, leading to a budget deficit. This can occur when a government spends more on public services, infrastructure, or social programs than it generates from taxes and other income sources. Persistent fiscal excess can result in increased national debt and may necessitate borrowing or tax increases to cover the shortfall. It can also lead to economic instability if not managed properly.
What must occur in order for an entrepreneur to earn a profit?
The amount of revenue the entrepreneur earns must exceed expenditures......enjoy Study island people
What is true about government balance in the macroeconomic balance equation?
Which of the following is true about government balance in the macroeconomic balance equation? a. Government balance can occur in the presence with inflation. b. Government balance is the difference between taxes (revenues) and expenditures. c. In transition economies, pressures on T and G resulted in a budget deficit. d. b and c are correct. e. a, b, and c are correct.
Which of these would most likeley to occur if the governments priority was to increase government expenditures?
increase taxes
How do net exports help determine the nation's income?
When imports exceed exports, a trade deficit can occur
What is fiscal excess?
Fiscal excess refers to a situation where a government's expenditures exceed its revenues, leading to a budget deficit. This can occur when a government spends more on public services, infrastructure, or social programs than it generates from taxes and other income sources. Persistent fiscal excess can result in increased national debt and may necessitate borrowing or tax increases to cover the shortfall. It can also lead to economic instability if not managed properly.
What must occur in order for an entrepreneur to earn a profit?
The amount of revenue the entrepreneur earns must exceed expenditures......enjoy Study island people
What is true about government balance in the macroeconomic balance equation?
Which of the following is true about government balance in the macroeconomic balance equation? a. Government balance can occur in the presence with inflation. b. Government balance is the difference between taxes (revenues) and expenditures. c. In transition economies, pressures on T and G resulted in a budget deficit. d. b and c are correct. e. a, b, and c are correct.
When does deficit spending occur?
Anytime you spend more than you are making or collecting, you are in deficit.
Which of these would most likeley to occur if the governments priority was to increase government expenditures?
increase taxes
What is a deferral?
Deferrals are the consequence of the revenue recognition principle which dictates that revenues be recognized in the period in which they occur.
What is deferral?
Deferrals are the consequence of the revenue recognition principle which dictates that revenues be recognized in the period in which they occur.
When does bone loss start to occur?
when does bone loss exceed bone gain
What would most likely occur if the government's priority was to increase government expenditures?
increase taxesincrease taxesincrease taxes.
How does a budget deficit occur?
Basically when a country spends more money than the amount of money they are receiving when EXPENDITURE is greater than INCOME Eg. If I have 60 million but I spend 80 million, I have -20million This is a deficit
Rational decisions occur when the marginal benefits of an action equal or exceed the marginal costs?
Rational Decision making occurs when marginal benefits of an action exceed the marginal costs
