The true cost of debt is what? a. The interest rate b. The limits placed on people's ability to accomplish their goals c. The limits placed on other choices d. The limits placed on the ability for people to live their lives e. All of the answers are correct
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- When the government receives are more than the government expenditure we call it as Surplus budget Deficit budget which is correct?Suppose a government has no debt and a balanced budget. Suddenly it decides to spend $10 billion while raising only $8 billion worth of taxes. a) What will be the government's deficit? b) If the government finances the deficit by issuing bonds, what amount of bonds will it issue? c) At a 10 percent rate of interest, how much interest will the government pay each year?can you explain this for me? this is a true or false statement: "increasing welfare payments by borrowing the money to fund them would increase AD" borrowing the money means we will have more deficit and interest to repay. But wouldnt it still stimulate the economy nonetheless?
- How does the growing national debt impact minimum wage and the future population? As national debt grows beyond $21.5 trillion dollars how will it further impact th economy for the future generations. Questions like: Is the minimum wage going to drop further, are the number of jobs that can provide benefits like insurance going to be affected? Are things like rent going to rise further in cities like New York, Chicago and more making it harder for middle class to live there?In 2019, the government collected $550 billion in taxes and the government had a $120 billion budget deficit. How much did the government spend in 2019? Select one: a. $430 billion b. $470 billion c. $520 billion d. $570 billion e. $670 billionAa3 a. Private saving is : $ ___Trillion b. Investment Spending is : $___Trillion c. Transfer Payments are: $___Trillion d. The government budget balance is : $ ___Trillion and as a result the government budget is in ___( deficit or surplus) Please show your work. (thumbs down for wrong answers)
- $13 trillion was printed. Breaking down to $5.2 for COVID + $4.5 for quantitative easing + $3 for infrastructure in 2021 by the federal reserve. how will all these gov’t programs be paid for? Spend at least one full paragraph discussing this, and your concerns if any.Please match each description with the appropriate approach to federal finance. Policymakers should reduce spending and increase taxes when the economy is growingin order to prevent "overheating". This approach was considered conventional wisdom until the advent of theGreat Depression. Policymakers should focus on keeping unemployment low and providing the peoplewith the public goods and services they want. If insisted upon, this approach would only worsen the economy during a recession. This approach ignores the impact of the budget on the business cycle.Due to Corona Virus epidemic in Bangladesh, Government tax collection has declined, but government’s expenditure did not, creating budget deficit. What are the ways government can finance the budget deficit? Do you think financing budget deficit will create inflation? Explain in details
- Using a graph representing the market for loanable funds, show and explain what happens tointerest rates and investment if a government goes from a deficit to a surplus.Q)Which of the following are many managers concerned about as a result of increased government participation in the economy? Explains it correctly not copy paste Question 20 options: a)an overheated economy b)a growing budget deficit C)an enormous budget surplus d)corrupt government officials taking bribesWhen the government receipts are more than the government expenditure we call it as Surplus budget Deficit budget which is correct?