(c) In 2020, Nauru ranked 1st among all countries worldwide, with the highest estimated public surplus of around 31.5 percent of its gross domestic product. Appraise the consequences of Nauru’s government budget surplus using an appropriate diagram representing the market for loanable funds.
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- Public Budget Cycle Develop a four- to five-page paper in which you analyze the Public Budget Cycle in a government agency of your choice. (Defense and National Security) Be sure to include each of the phases of the budget cycle (preparation and submission, approval, execution and audit, and evaluation) and address how each relates to the overall organizational mission of the government agency. Your paper must be four to five pages (not including title and reference pages) and must be formatted according to APA style as outlined in the approved APA style guide. You must cite at least three scholarly sources in addition to the textbook. Textbook Lee, R. D. & Johnson, R. W. (2008). Public budgeting systems (8th Ed.). Sudbury, MA: Jones and Bartlett.Q 47: Discuss the limitations faced in implementing gender budgeting in India. 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.Budgeting and financial management are at the core of economic and public sector program in most nation. The Malaysian government budget theme for 2019 is "Credible Malaysian,dynamic economy, prosperous rakyat", focuses on institutional reforms,the people's wellbeing and promotion of entrepreneurial culture. (a) There are FOUR (4) types of budgeting system in public sector. Explain. i) Modified Budgeting System (MBB) ii) Traditional Budgeting System (TBS) iii) Outcome Based Budgeting (OBB) iv) Program and Performance Budgeting System (PPBS) (b) Analyze the advantages and disadvantages of the above FOUR (4) budgeting systems. (c) The Malaysian government aims to reduce the deficit in budget due to expenditure commitment by the previous administration (Star, 2 Nov 2018). Recommend THREE (3) initiatives to the government on how to tackle the problem.
- The savings rate is a. the difference between gross income and disposable income. b. the ratio of personal income to taxes paid on income. c. the percent reduction in taxes due to permitted deductions. d. personal savings as a percentage of disposable income. e. cash savings as a percentage of total net worthTaxes unrelated to incomes net of any non-income-related subsidies(nonincome expense item) $1,200 Gross Corporate Profits plus Proprietors' Income $2,140 Rental Income (including implicit rents) $175 Net Interest $650 Depreciation (nonincome expense item) $1,775 Wage and Salary Income $8,200 According to the above table, Gross Domestic Product is Part 2 A. $12,115 B. $14,140. C. $13,965. D. $13,315.a) Explain the concept of a ‘permanent establishment’ Major Types and Benefit of Double Tax b) Stella Akorfa retired from Stonebridge (UK) Limited having served the company for 20 years meritoriously. She relocated to Abuakwa in Kumasi, Ghana where she commenced business as a Security Consultant to honourable politicians. She rented out her house in the UK for a yearly rent of £10,000. She also maintained a healthy balance in her account with Gold Bank in London. Her income for 2018 accounting year is as summarised below: Consultancy Income (net of all taxes) GH¢70,000. Dividend received from Success Company (Ghana) Ltd, a resident company at gross amount GH¢10,000. Rent paid into her London bank account £9,000. Withholding tax amounting to £1,000 had been deducted. Her London bank credited her account with net of £4,500 bank interest. UK tax rate on interest is 10%. Additional information: The exchange rate is GH¢6 for £1. Stella Akorfa…
- 5 measures taken by the government of Cameroon to ensure the sustainability of minerals and energy resources in CameroonPQ 19 The "debt service ratio" for a country is the ration of the country's ______ to _____ a. total external debt / fross domestic product b. annual interest payment on external debt / exports of services c. annual interest payments on external debt and scdeuled annual external debt repayments / export earnings d. annual interest payment on external debt /exports of earnings1. Supports the analysis with visual aids such as charts, graphs, or tables when applicable on global economic issue of world hunger and poverty at Nigeria country.
- The two main categories of government revenue are: a. Income from Public Secior Bodies and Dividends. b.Revenue Receipts and Capital Receipts c. Tax Revenue and Income from loans d. Direct Taxes and Indirect Taxes A "Vote on Account" as stated by Brandy occurs? a. If the budget has not yet been approved by parliament prior to the start of the budget year, and a temporary authorization is made. b. When the Auditor General vote for the approval of a budget that was prepared, and paid by the government according to stipulated regulations and guidelines. c. When the Accountant General vote for the payments of budgeted sums from the government's main bank account to the respective ministries and departments d. When Parliamentarians vote for the approval of the national budget. Which of the following general appropriation rules are incorrect? 1. Transfer between budget items are generally stated in the financial regulations. 2. Budget may not include authorization for forward commitments…Assumed that the governemnt maintained a balance budget initially.However, the financial secretary underestimated the recovery of local economy and the budget surplus is resulted.How does the budget surplus affect the loanable fund market? How does this market restore the equilibrium? How is the ‘private sector spending’ affected by the ‘public sector spending’? Explain and illustrate with a well-labelled diagram.MULTIPLE CHOICE Which one of the following statements regarding fiscal policy and the budget is correct? (a) When the government plans to stimulate economic activity, it can increase spending or reduce taxes; (b) Revenue from tax is always greater than government spending in South Africa; (c) Demand management only refers to fiscal policy; (d) A contractionary fiscal policy should be implemented to combat unemployment.