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- For each of the following, indicate which type of government spending would justify a budget deficit and which would not. Increased federal spending on Medicare Increased spending on education Increased spending on the space program Increased spending on airports and air traffic controlBOT shows a deficit of 5000 dollars and value of imports are 9000 dollars. What is the value of export.Public spending means & Includes ? Select onev option Govt. five year plans expenditure foreign trade expenditure subsidy & Welfare Capital & revenue Expenditure
- What is a foreign trade deficit or surplus? How does this affectinterest rates?What is a surplus unit? What is a deficit unit?India ranked 8th in size 0f trade deficit The tenure 0f the previ0us g0vernment, fr0m 2013 t0 2018, witnessed a skyr0cketing current acc0unt deficit as it increased fr0m $2.5 billi0n in FY13 t0 $18.9 billi0n in FY18. The maj0r driver was the trade deficit, which widened fr0m $19.2 billi0n in 2012 t0 $35.6 billi0n in 2017, acc0rding t0 data extracted fr0m the ITC’s Trademap.0rg. Imp0rts increased fr0m $43.8 billi0n in 2012 t0 $57.4 billi0n in 2017 and exp0rts decreased fr0m $24.6 billi0n in 2012 t0 $21.9 billi0n in 2017. Between July 2014 and June 2015, REER had increased by 8.83%. It increased by 5.54% in the pri0r fiscal year, FY14. In simpler terms, the rupee was kept ab0ve its equilibrium value between June 2013 and June 2018, making it cheaper t0 purchase g00ds fr0m 0ther c0untries. Furtherm0re, exp0rters l0st their c0mpetitiveness against f0reign c0mpetit0rs in the gl0bal market. T0day, with the rupee cl0ser t0 its equilibrium value, exp0rts have increased. This has p0sitively…
- What happens to the following variables during an expansion? a. government budget deficits (surplus)he news headline "Consultants replacing high school counselors" deals with the A. how B. what and for whom OC. why OD. what and how OE. for whom The news headline "The government must cut its budget deficit by increasing taxes" deals with the OA. what and for whom OB. for whom OC. what OD. what and how OE. why The news headline "Asteroid mission canceled" deals with the OA. where OB. for whom C. what and how questions of economics. OD. what OE. how questions of economics. questions of economics.What is Internal Debt in the Philippines?
- Which of the following is included in G? Select one: a. medicare b. social security payments c. government purchases d. interest payments on the government debtSuppose there is an increase in budget deficit, what happens to intrest rates and national savings ?Referring to the table below, fill in the missing data for the country of Birchwood. Expenditures Consumption Gross investment Government spending Net exports Gross domestic product at market prices Less depreciation Less indirect taxes (net of subsidies) Net domestic product at basic prices +/- Net foreign factor income Net national product at basic prices 370 115 190 90 40 60 -45 Search Compensation of employees Gross operating surplus Gross mixed income Taxes less subsidies on production Indirect taxes (net of subsidies) Gross domestic income at market prices Incomes Less depreciation Less indirect taxes (net of subsidies) Net domestic income at basic prices +/- Net foreign factor income (Net) national income Add transfer payments Less undistributed profit Less corporate profit tax Less other income items Personal income Less personal income taxes Disposable income Savings Consumption 7 of 14 Next > 370 -45 130 40 40 30 210 470 90 50 60 40 60
