Complete the table below for the economy of Smetana. Round your answers for the Debt / GDP % to 1 decimal place. Budget Surplus Budget Deficit National Debt 280 Year 2015 2016 2017 2018 2019 2020 1 / 8 / 14 / / 6 323 310 GDP 700 725 730 720 750 Debt / GDP % 45.0
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- learn-us-east-1-prod-fleet01-xythos.content.blackboardcdn.com Bb https://.. a SD Bb Bb Bb 1. From the time of George Washington's presidency to the present, the percentage of the average American's income that goes to pay taxes A. has decreased from about 20 percent to about 10 percent. has decreased from about 50 percent to about 25 percent. C. has remained constant at about 10 percent. D. has risen from less than 2 percent to above 45 percent. Е. В. has risen from less than 5 percent to above 25 percent. 2. According to the textbook, which of the following statements is (are) correct for the United States? (x) The individual income tax and the payroll tax are the two largest sources of revenue for the U.S. federal government. (y) Corporate income taxes and excise taxes make up more than 30 percent of the tax revenue for the U.S. federal government. (z) In general, the two most important taxes for state and local governments in the U.S are sales taxes and property taxes. А. (x), (y)…Complete the table below for the economy of Smetana. Round your answers for the Debt / GDP % to 1 decimal place. Budget Surplus 1 7 Year 2015 2016 2017 2018 2019 2020 8 Budget Deficit 1 14 1 1 National Debt 280 323 310 GOP 700 725 730 720 750 Debt / GDP N 45.0What is the Real GDP in 2020, according to the table below? Has the Real GDP increased or decreased compared to 2010? Year 2010 2020 Nominal Debt 1000 2500 Nominal GDP 4000 8000 Price Level/GDP Deflator 100 150 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Real GDP = $4000 in 2020 and is less than Real GDP in 2010 b Real GDP = $4000 in 2020 and is greater than Real GDP in 2010 Real GDP = $5333 in 2020 and is less than Real GDP in 2010 d Real GDP = $5333 in 2020 and is greater than Real GDP in 2010
- What is a fiscal policy tool used to stimulate economic growth during a recession? A. Increasing government spending B. Reducing taxes C. Selling government bonds D. Reducing government spendingdraw a circular flow diagram where income is $200m consumption is $120m, tax/government spending is $50m and there is no international trade Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.If GDPMP of a country is 50 billion and product taxes are 2 billion while subsidies given are worth of 1 billion. What is GDP at factor cost ?
- The federal government development expenditure in 2020 is mainly allocated to a. Transports. b. General administration. c. Education and training. d. Security.Search 1 X Chap7 Hw (1).docx Format Tools Help a Assignments - Principles of M No Spacing 2 W S # 3 BIU A. A. E Consider the following national income accounting data for an economy in a recent year. All figures are in billions of dollars. Personal Taxes Social Security Contributions Rents Taxes on Production & Imports Corporate Income Taxes Interest Proprietor's Income. Transfer Payments Dividends e X Compensation of Employees Net Exports Undistributed Corporate Profits Government Purchases Net Private Domestic Investment Econ 2105 Chap7 Fw 111.docx x + /bomcoldodma figpchkicefolgmifalc/views/app.html Imports Personal Consumption Expenditures Consumption of Fixed Capital (Depreciation) Net Foreign Factor Income Corporate Profits Statistical Discrepancy d C $ 4 r With the above data, follow Tables 7.3, 7.4, and 7.5 in the textbook for guidelines and acceptable steps to calculate: (a) Gross Domestic Product (GDP) by both the expenditures and the income approaches. EXTI Th % 5 t g Oll 6…Would you usually expect GDP as measured by what is demanded to be greater than GDP measured by what is supplied, or the reverse?
- What are government transfer payments? Are they included as part of the government spending component of GDP?Hello, I have a question no sure if this correct subject but, I was asked the following. The plot in one graph, calculate and plot the federal cash transfer to GDP ratios for each province from 1990/91 to the last available year. I found all data but unsure how to plot data, but in the excel graph don't know how to plot it in one graph. Note I'm only plotting the debt-to-GDP ratio and cash transfers. The years and names are indicated in the table. I'm just having trouble representing the data in a meaningful way. Any help would be greatly appreciated. N.L. P.E.I. N.S. N.B. Que. Ont. Man. Sask. Alber. B.C. Y.T. N.W.T. GDP 1990-1991 9,397 2,198 17,765 13,799 156,149 287,517 24,710 21,663 75,264 81,871 1,083 2,236 GDP 2018-2019 33,291 7,063 44,318 36,784 438,780 861,288 73,465 82,288 342,251 299,698 3,099 5,198…Analyze the graph below, showing the Gross Federal Debt as a percentage of GDP for the United States (1939-2019). Which of the following is correct? FRED d- Gre ederal Dea Percentof Gr Done Produd 116 2013 Pa S Sor O e Loa fe In 2019, the Federal Government of the United States had an accumulated debt/GDP higher than 100 %, meaning that the amount of debt accumulated over time is higher than the value of all goods and services produced in that year. The debt/GDP is always positive during this period, so the Federal Government of the United States incurred in budget deficits every year since 1939. From the mid-40s until the mid-70s, the debt/DGP was decreasing, meaning that the Federal Government. of the United States was running a budget surplus every year during those three decades. During the second half of the 1970s, the Federal Government of the United States was able to keep a balanced budget and, as a result, the debt/GDP was close to zero.
