When the economy is at full employment,
a) the actual and the cyclically adjusted budgets will be equal.
b) the cyclically adjusted budget will show a surplus and the actual budget will show a deficit.
c) the actual budget will show a surplus and the cyclically adjusted budget will show a deficit.
d) one cannot generalize in comparing the actual and the cyclically adjusted budgets."
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When the economy is at full employment, a) the actual and the cyclically adjusted budgets will be equal. b) the cyclically adjusted budget ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A publisher prints copies of a popular weekly tabloid for distribution and sale. The fixed costs are $500 per print run, with each copy printed costing an additional $0.40.
Answers (1)
AV Sales has net revenue of $513,000 and costs of $406,800. The depreciation expense is $43,800, interest paid is $11,200, and dividends for the year are$4,500. The tax rate is 33 percent. What is the addition to retained earnings?
Answers (1)
A customer of RoughEdge Sharpeners alleges that RoughEdge's new razor sharpener had a defect that resulted in serious injury to the customer.
Answers (1)
If a production process creates positive externalities, a competitive market produces too few positive externalities because the producer A. does not pay all the costs of the externalities. B. does not receive compensation for the externalities. C.
Answers (1)
Which type of global marketing strategy works best when consumers share the same desires, needs, and uses for a product across countries and cultures?
Answers (1)
New Questions in Business
Hornberger, Inc. recently paid a dividend of $2.00 per share. The next dividend is expected to be $2.05 per share. Hornberger has a return on equity of 11.00%. What percentage of its earnings does Hornberger plow back into the firm?
Answers (1)
A tip of $10 is best for which kind of service? A. a mover who delivers furniture to your new home B. a valet who parks your car at a restaurant C. a waiter at a fast-food restaurant
Answers (2)
Sunland Company manufactures and sells high-priced motorcycles. The Engine Division produces and sells engines to other motorcycle companies and internally to the Production Division.
Answers (1)
Adamson Company manufactures four lines of garden tools. As a result of an activity analysis, the accounting department has identified eight activity cost pools.
Answers (1)
Compute the 2019 Federal income tax liability and the marginal and effective tax rates in each of the following independent cases. Click here to access the 2019 tax rate schedule. If required, round the tax liability the nearest dollar.
Answers (1)