If the federal government spends 12% of GDP and collects revenues of 10% of GDP, what is the deficit as a percentage of GDP? I want answer
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If the federal government spends 12% of

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- The accompanying graph depicts unemployment insurance benefits paid by the U.S. government as a percentage of GDP over time. FRED 2.5 (Bil. of $/Bil. of $)*100 2.0 1.5 1.0 0.5 0.0 (Personal current transfer receipts: Government social benefits to persons: Unemployment insurance/Gross Domestic Product)*100 1980 1990 2000 2008: 0.34631 2000 2010 2020 Source: U.S. Bureau of Economic Analysis Customize | Download Data | FRED - Economic Data from the St. Louis Fed c. What is the maximum amount spent on unemployment insurance, as a percentage of GDP, to combat the 2008- 2009 recession? % of GDP B1. In order to reduce its current-account deficit, the United States would NOT do which of the following? a . raise national product relative to national spending b. decrease savings relative to domestic investment c . increase savings relative to domestic investment d . reduce the federal budget deficitThe accompanying graph depicts unemployment insurance benefits paid by the U.S. government as a percentage of GDP over time. FRED 2.5 (Personal current transfer receipts: Government social benefits to persons: Unemployment insurance/Gross Domestic Product)*100 (Bil. of $/Bil. of $)*100 2.0 1.5 1.0 0.5 0.0 1980 1990 2000 2000 2010 2020 Source: U.S. Bureau of Economic Analysis Customize | Download Data | FRED - Economic Data from the St. Louis Fed ood. In the historical series, in what year was the most spent on unemployment insurance as a percentage of GDP? Macmillan Learning Year with highest percentage: 2010 Incorrect Answer 0
- Use the following terms for this question: C = Consumption. I = Capital investment spending. G = Government spending. X = Exports of goods and services. M = Imports of goods and services. BOP = Balance of Payments. GDP = Gross Domestic Product. NPV = Net Present Value. INF = Inflation. R = Real rate of return. The static equation for a country’s GDP is: A. GDP = C + I + G + X – M - (R – INF). B. GDP = C + I + G + X + M. C. GDP = C + I + G + X – M. D. GDP = C + I + X - M + R – INF.According to the Taylor rule, the Fed should raise the federal funds target by O A. 1 B. 1.5 C. .5 D. 2 percentage points for each percentage point that inflation rises relative to the Fed's target.Which of the following fact regarding federal budget balance in Canada is TRUE? Multiple Choice the largest budget deficits happened in 1992. there was budget surplus between 1985 to 1995 there was budget surplus between 1975 to 1985 the largest budget deficits happened in 1985. the largest budget surplus happened in 2019.
- A project should be accepted if its internal rate of return exceeds: O the rate of return on a government bond. the rate the company pays on borrowed funds. O zero. O the company's required rate of return.Suppose the Australian government has announced tax cuts for the business sector. Using the loanable funds model, explain how this will impact the supply of and demand for loanable funds and the interest rate in Australia.Assuming that taxes are to be raised, which tax increase would be least detrimental to long term economic growth, a GST/HST increase or an increase in income tax? Assume that either of the increases would be revenue neutral, i.e., the federal government would take in the same amount of revenue with either tax that is raised.