Ask Question
BusinessBusiness
2 November, 13:02

What would happen to the budget deficit if the (

a. gdp growth rate jumped from 2 percent to 4 percent?

+3
Answers (1)
  1. 2 November, 15:40
    0
    Budget deficit is expressed in terms of monetary numbers or as a percentage of deficit to the gross domestic product (GDP). In other words, these two are inversely proportional. So, if the GDP growth rate increases from 2 to 4 percent, thus there is less budget deficit.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What would happen to the budget deficit if the ( a. gdp growth rate jumped from 2 percent to 4 percent? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
President Bush promised to make the reduction of lobbyists in the senior administration a priority. He succeeded in reducing the numbers somewhat, but he was unable to stop the practice according to the Center for Responsive Politics. O True O False
Answers (1)
Suppose that a company needs 1,500,000 items during a year and that preparation for each production run costs $900. Suppose also that it costs $29 to produce each item and $3 per year to store an item.
Answers (1)
Has tui's new information system making pricing fairer for its customers? why or why not?
Answers (1)
Proper risk-return management means that: Group of answer choices a. the firm should take as few risks as possible. b. the firm must determine an appropriate trade-off between risk and return. c. the firm should earn the highest return possible. d.
Answers (1)
Calgary Industries is preparing a budgeted income statement for 2018. Predicted sales for the year are $760,000 and cost of goods sold is 40% of sales.
Answers (1)
New Questions in Business
A parcel delivery company delivered 103,225 packages last year, when its average employment was 85 drivers. This year the firm handled 112,260 deliveries with 92 drivers.
Answers (1)
Currency is? A. an adjective for current economic news B. Stocks and bonds C. paper bills and coins D. government-issued bank checks.
Answers (1)
An adjustment for Prepaid Rent would indicate the amount a. originally paid. b. expired. c. on hand. d. of the trial balance.
Answers (1)
What are the benefits of doing business in other countries?
Answers (1)
At allen and thomas architects, a group of designers are developing the first drawings for a proposed multiuse office development in an older section of a large city that is being revitalized. what type of work team is this group?
Answers (1)
Home » Business » What would happen to the budget deficit if the ( a. gdp growth rate jumped from 2 percent to 4 percent?
Sign Up Forgot Password?