As it becomes easier to start a new business in a market, that market becomes more competitive. When it becomes easier to start a new business in a market, it lowers barriers to entry, allowing more players to enter the market.
This increased competition leads to a greater number of businesses vying for market share. As a result, businesses are motivated to differentiate themselves and improve their offerings, which often leads to a higher quality of products or services being offered to consumers. Additionally, increased competition can lead to price competition, innovation, and more aggressive marketing strategies. Overall, the market becomes more competitive as new businesses enter, offering consumers more choices and driving existing businesses to improve their offerings.
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what type of cost exhibits the behavior shown below? manufacturing volume (units) cost per unit 50,000 $ 1.95 70,000 1.95
The cost behavior exhibited is indicative of a fixed cost, which remains constant regardless of the manufacturing volume.
The cost behavior shown in the given scenario is characteristic of a fixed cost. A fixed cost is a type of cost that does not vary with changes in the manufacturing volume.
In this case, the cost per unit remains constant at $1.95, regardless of the number of units produced. Fixed costs are incurred to maintain production capacity and are typically associated with expenses like rent, salaries, depreciation, and insurance.
Unlike variable costs that fluctuate with production levels, fixed costs remain stable over a specific range of products. Understanding the distinction between fixed and variable costs is crucial for cost analysis, budgeting, and decision-making, as it helps in determining the cost structure and profitability of a business.
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The Magnuson-Moss ______ Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.
Answer: Warrantly
directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.
Fincorp will pay a year-end dividend of $3.60 per share, which is expected to grow at a rate of 3% for the indefinite future. The discount rate is 12%.
a. What is the stock selling for? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
b. If earnings are $3.80 a share, what is the implied value of the firm’s growth opportunities? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
The stock is selling for $40.00 per share, and the implied value of the firm's growth opportunities is $2.22 per share.
a. To determine the stock price, we can use the dividend discount model (DDM). The formula for the DDM is:
Stock Price = Dividend / (Discount Rate - Growth Rate)
Given that Fincorp will pay a year-end dividend of $3.60 per share, and the growth rate is expected to be 3%, and the discount rate is 12%, we can substitute these values into the formula:
Stock Price = $3.60 / (0.12 - 0.03)
Stock Price = $3.60 / 0.09
Stock Price = $40.00
Therefore, the stock is selling for $40.00 per share.
b. To determine the implied value of the firm's growth opportunities, we can use the Gordon growth model. The formula for the Gordon growth model is:
Implied Value of Growth Opportunities = (Earnings - Dividend) / (Discount Rate - Growth Rate)
Given that the earnings are $3.80 per share, and the growth rate is 3%, and the discount rate is 12%, we can substitute these values into the formula:
Implied Value of Growth Opportunities = ($3.80 - $3.60) / (0.12 - 0.03)
Implied Value of Growth Opportunities = $0.20 / 0.09
Implied Value of Growth Opportunities = $2.22
Therefore, the implied value of the firm's growth opportunities is $2.22 per share.
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round 312,5 up to rand
Answer:
313 rand
Explanation:
To round up any number, ynetraing decimal. Value is accessed if the value is less than or equal 4 , we round the value to 0 ; however, if the value is greater Than or equal to 5 ; we round up to 1 and add to the preceeding digit or value.
In this case ; 312. 5 will be rounded to 313 ;
Since th trailing digit is 5 ; we round up to 1 and add to the preceeding value ; 2 + 1 = 3
Hence, 313 rand
When you apply for a mortgage, the lending institution will likely use your gross income to help decide if you qualify. What is that?
Gross income is the total amount of income you earn before any taxes or deductions are taken out. When you apply for a mortgage, the lending institution will look at your gross income to determine if you qualify for the loan.
This is because your gross income is an important factor in determining how much money you can afford to pay towards your mortgage each month. The lending institution will also look at other factors such as your credit score, debt-to-income ratio, and employment history to determine if you are a good candidate for a mortgage.
It is important to provide accurate information about your gross income when applying for a mortgage to ensure that you are able to make your payments on time and avoid defaulting on your loan.
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The general ledger account for Accounts Receivable shows a debit balance of AED 50,000 . The Allowance for Doubtful Accounts has a credit balance of AED 1.000. If management estimates that 5% of Accounts Receivable will prove uncollectible, Bad Debts Expense would be recorded for A. AED 1,500. B. AED 2.540. C. AED 2.500. D. AED 3,500 .
Bad Debts Expense would be recorded for C AED 2,500. This amount is calculated by multiplying the estimated percentage of uncollectible accounts (5%) by the Accounts Receivable balance (AED 50,000) minus the credit balance in the Allowance for Doubtful Accounts (AED 1,000).
To determine the amount of Bad Debts Expense, we need to calculate the estimated uncollectible amount based on the given information. The Accounts Receivable balance of AED 50,000 represents the total amount owed to the company by its customers. The Allowance for Doubtful Accounts is a contra-asset account used to estimate and offset the potential losses from uncollectible accounts. In this case, it has a credit balance of AED 1,000.
To estimate the Bad Debts Expense, we multiply the estimated percentage of uncollectible accounts (5%) by the net Accounts Receivable balance. The net balance is calculated by subtracting the credit balance in the Allowance for Doubtful Accounts (AED 1,000) from the Accounts Receivable balance (AED 50,000). 5% of AED 49,000 (AED 50,000 - AED 1,000) equals AED 2,450. However, since the options provided are rounded, the closest amount is AED 2,500. Therefore, Bad Debts Expense would be recorded for AED 2,500 in this scenario.
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Alice has completed a cost-benefit analysis (CBA) of recommended countermeasures.For a specific risk, four countermeasures have been recommended. How can Alice usethe CBA to choose the countermeasure to recommend?A.Choose the countermeasure with the lowest recurring cost.B.Choose the countermeasure with the highest countermeasure value.
C.Choose the countermeasure with the highest projected benefits.D.Choose the countermeasure with a positive countermeasure value
Alice has completed a cost-benefit analysis (CBA) of recommended countermeasures. For a specific risk, four countermeasures have been recommended.
The option that Alice can use in the CBA to choose the countermeasure to recommend is to Choose the countermeasure with the highest countermeasure value.A cost-benefit analysis is a method used to assess the benefits of a decision or project, taking into account both quantitative and qualitative factors. The goal is to determine if the cost of the decision is justified by the benefits derived from it.CBA is used to assist decision-makers in comparing different alternatives and assessing their costs and benefits in monetary or qualitative terms.
The technique is widely employed in public policy analysis, where the evaluation of the societal and economic costs and benefits of a project is crucial to determine if it should be executed or not. CBA can be used to identify the most cost-effective approach among multiple options. By comparing the projected benefits of each option with its cost, the alternative with the highest net benefit, or countermeasure value, can be identified.The projected benefits of each alternative should include not only quantitative considerations but also qualitative ones, such as the impact on the environment, health, or social welfare.
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Wages of $8,000 are earned by workers but not paid as of December 31. Depreciation on the company’s equipment for the year is $11,440. The Office Supplies account had a $350 debit balance at the beginning of the year. During the year, $5,367 of office supplies are purchased. A physical count of supplies at December 31 shows $587 of supplies available. The Prepaid Insurance account had a $5,000 balance at the beginning of the year. An analysis of insurance policies shows that $1,800 of unexpired insurance benefits remain at December 31. The company has earned (but not recorded) $700 of interest revenue for the year ended December 31. The interest payment will be received 10 days after the year-end on January 10. The company has a bank loan and has incurred (but not recorded) interest expense of $5,000 for the year ended December 31. The company will pay the interest five days after the year-end on January 5. For each of the above separate cases, prepare adjusting entries required of financial statements for the year ended (date of) December 31.
Answer:
wages expense 8,000 debit
wages payables 8,000 credit
----------------------------------------------------
depreciation expense 11,440 debit
accumulated depreciation equipment 11,440 credit
----------------------------------------------------
supplies expense 5,130 debit
supplies 5,130 credit
----------------------------------------------------
Insurance expense 3,200 debit
Prepaid Insurance 3,200 credit
----------------------------------------------------
Interest Receivables 700 debit
Interest Revenue 700 credit
----------------------------------------------------
interest expense 5,000 debit
Interest payable 5,000 credit
----------------------------------------------------
Explanation:
We follow the accountign rinciples: Debit = Credit
And one line per account
and all accounts posted must have a balance
Additional calculations:
Supplies
beginning + purchase = used + ending
350 + 5,367 = used + 587
used supplies = 350 + 5,367 - 587 = 5,130
Insurance
Beginning unexpired - Ending unexired = expired
5,000 - 1,800 = 3,200
a. The future value of $420 eight years from now at 10 percent. (Round your FV factor to 3 decimal places and final answer to 2 decimal places.)
The following equation can be used to determine future value with compound interest: future value = present value x (1 + interest rate)n. Use this formula to determine future value using simple interest: Future value equals current value multiplied by [1 + (interest rate over time)].
According to the formula for future value, FV = PV*(1+i)n, future value is equal to the present value multiplied by the sum of the annual percentage rate of interest multiplied by the number of time periods
Finance professionals use the Future Value (FV) calculation to determine the value of a cash flow at a time after it was initially received.
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what type of lien takes priority over all other liens
The type of lien that takes priority over all other liens is called a senior lien or first lien.
In most cases, the priority of liens is determined by the order in which they are recorded or filed. The first lien recorded against a property typically has the highest priority. However, there are some exceptions to this rule, where specific types of liens may take priority over others even if they are recorded later.
One example of a lien that often takes priority over all other liens is a tax lien. Tax liens are imposed by the government for unpaid taxes on the property. In many jurisdictions, tax liens are given priority over other liens, regardless of when they are recorded. This means that if a property is sold, the proceeds from the sale will first be used to pay off the tax lien before any other liens can be satisfied.
Another example of a lien that may have priority over others is a mechanic's lien, which is filed by a contractor or subcontractor who has not been paid for work done on the property. In some jurisdictions, mechanic's liens may take priority over previously recorded liens if certain conditions are met.
In summary, the type of lien that takes priority over all other liens is typically a senior lien, such as a tax lien or, in some cases, a mechanic's lien. The priority of liens varies depending on the jurisdiction and the specific type of lien involved.
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**** PLEASE USE IRR TO ANSWER PART B BOTH 12.84 AND11.06 ARE WRONG ANSWERS ******You own a bond with an annual coupon rate of 5% maturing in twoyears and priced at 86%. Suppose that there is a 8% c hance that at maturity the bond will default and you will receive only 44% of the promised payment. Assume a face value of $1,000.a. What is the bond’s promised yield to maturity? (Enter your answer as a percent rounded to 2 decimal places.)13.44 IS THE CORRECT ANSWER HERE b. What is its expected yield (i.e., the possible yields weighted by their probabilities)? (Enter your answer as a percent rounded to 2 decimal places.)12.84 AND 11.06 ARE WRONG PLEASE USE IRR TO ANSWER THIS ONE
Therefore, the expected or percent yield of the bond, weighted by the probability of default, is 11.88%, rounded to 2 decimal places.
The expected yield of the bond, we can use the internal rate of return (IRR) function in Excel or a financial calculator. The expected cash flows from the bond are:
Year 1: $50 (5% x $1,000)
Year 2: $1,050 ($50 + $1,000)
Default: $440 ($1,000 x 44%)
The expected yield, we need to find the discount rate that equates the present value of these cash flows to the current bond price of 86%. Using the IRR function in Excel, we can input the following cash flows as a series of values (-86, 50, 1050, -440) and find that the expected yield is 11.88%.
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Why do lenders often require a down payment when credit is used to purchase a good?
Answer:
see below
Explanation:
A down payment is a lump-sum amount paid a borrower raises when purchasing an asset on credit. The down payment or deposit is paid to the lender and reduces the credit to be extended. Usually, the lender will demand a down payment of up to 20% of the asset's value.
The down payment reduces the risk a lender takes in advancing the loan to the borrower. It reduces the loan amount involved. The down payment shows the borrower is financially stable. If they can raise 20 percent of the amount, it gives the lender confidence that the borrower can repay the loan. A down payment shows the borrower is a low-risk customer
define finance education for class 8
Look at the equation framework.
3 empty boxes show the parts of an equation. The first box = the second box minus the third box.
Which of the following lists the proper placement of terms, from left to right, to complete the equation?
revenue, profit, opportunity cost
profit, revenue, production cost
production cost, profit, revenue
opportunity cost, revenue, profit
Answer:
profit, revenue, production cost
Explanation:
Profit is the rewards or gains realized for engaging in business activities. A business is profitable when revenue is more than the expenses.
Revenue is the income generated from the normal business activities of selling goods and services.
Production costs are the expenses incurred in making goods meant for sale.
Answer:
B
or
profit, revenue, production cost
Explanation:
please i need help with this !!
Answer:
Save
Measure
Notes
Services
Money
Barter
Swapped
Forms
(select all that apply) in a consumer's market:
products must be improved
producers must use resources effectively
prices for consumers rise
competition is keen
In a consumer's market:
products must be improvedProducers must use resources effectively Prices for consumers rise Competition is keenThus, all the given factors apply in a consumer market.
Products must be improved: With more options available to consumers, companies need to continuously enhance their products to attract and retain customers. Improvements in quality, features, and customer experience become crucial to stay competitive.
Producers must use resources effectively: To meet consumer demands and stand out in the market, producers must optimize their resources and operations. Efficient utilization of resources such as raw materials, labor, and technology is essential to maintain profitability and cost-effectiveness.
Prices for consumers rise: In a consumer market, increased competition may lead to price pressure on producers. However, if the products are improved and consumer demand remains high, prices may also rise due to the added value and quality associated with the offerings.
Competition is keen: A consumer's market is characterized by a high level of competition. With numerous producers vying for consumer attention, businesses must differentiate themselves through various means, such as unique features, branding, marketing strategies, or customer service, to gain an edge over competitors. Intense competition drives innovation and constant efforts to attract and retain customers.
Thus, all the given factors apply in a consumer market.
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34. Solomon Industries just announced that it will cut its dividend from $3.00 to $2.00 per share and use the extra funds to expand its future operations. Solomon's dividends were expected to grow at a 2% rate, and its share price was $37.50. With the new expansion, Solomon dividends are expected to grow at a 5% rate. Solomon's share price following this announcement should be: A) $20.00 B) $37.50 C) $40.00 D) $30.00
Solomon's share price following this announcement should be D) $30.00. Option D is the correct answer.
The dividend cut will cause the share price to decrease because investors are less willing to pay for a stock that pays a lower dividend.
The expected growth rate of the dividend is also less important to investors because the dividend is now lower.
The following formula can be used to calculate the new share price:
New share price = Old share price * (1 - Dividend cut) / (1 + Expected dividend growth rate)
In this case, the new share price is calculated as follows:
New share price = $37.50 * (1 - $1.00) / (1 + 0.05) = $30.00
It is important to note that this is just a simplified calculation and the actual share price could be different depending on other factors, such as the company's financial performance and the overall market conditions. Therefore, Option D is the correct answer.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
5. What is one benefit of having a career as opposed to a job?
A:advancement
B:money
C :ability to pay bills
D :extra education
Answer:
the answer is A: advancement
Explanation:
I took the quiz and got 100% and the only other one that make sense is money but you get money from a job
mention one Islamic song and recitation
Answer:
islamic song: SURAH AL IMRAN HOLY QURAN, BEAUTIFUL HOLY QURAN
I hope it helps you
(a) Critically examine and discuss the best way to understand the part that leadership plays
when an organization is embarked on a program of change. (b) Identify which leadership styles will be appropriate for a changing environment. Support
your answer with practical examples
(a) The best way to understand the part that leadership plays when an organization is embarked on a program of change is to examine the various leadership theories and models, such as transformational leadership, situational leadership, and charismatic leadership.
The key to successful leadership during times of change is to be adaptable and flexible, as well as to communicate clearly and effectively with all stakeholders.
Transformational leadership is particularly effective during times of change, as it focuses on inspiring and motivating followers to achieve common goals. This style of leadership involves providing a clear vision for the future, communicating that vision to followers, and then empowering them to take ownership of the change process.
Situational leadership is also useful during times of change, as it involves adapting one's leadership style to suit the situation at hand. This approach recognizes that different situations require different leadership approaches, and that effective leaders are able to adjust their style accordingly.
Charismatic leadership can also be effective during times of change, as it involves inspiring followers through personal charisma and a compelling vision.
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explain the role of director of board of directors in public company.
four points
Explanation:
The board of directors is elected to represent shareholders' interests. Every public company must have a board of directors composed of members from both inside and outside the company. The board makes decisions concerning the hiring and firing of personnel, dividend policies and payouts, and executive compensation.
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A(n)
is a federal- or state-chartered financial institution accepting deposits that it
uses to make loans and earn profits.
Answer:savings and loan association
Explanation:
which of the following is a collaborative approach to problem solving usually implemented online? group of answer choices crowdsourcing ideation brainstorming outsourcing
Crowdsourcing is a collaborative approach to problem-solving, usually implemented online. This approach involves obtaining services or ideas from a large group of people, often via the internet. It involves engaging a group of people with different perspectives and skills to work together to come up with a solution to a problem.
In the context of problem-solving, crowdsourcing allows a group of people to contribute ideas and solutions from different perspectives and experiences, which can result in more effective and creative solutions. Online, crowdsourcing can be implemented through online platforms where people can participate and contribute from anywhere in the world.
For example, a business can use crowdsourcing to generate ideas for a new product or service. They can create an online challenge and ask people to contribute ideas and solutions. Then, the business can evaluate and select the best ideas to develop the new product or service.
In short, crowdsourcing is a collaborative approach to problem-solving that is implemented online. It allows a group of people to contribute ideas and solutions from different perspectives and experiences, which can result in more effective and creative solutions.
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Part A Why do you think that MNCs usually enjoy lower cost of capital than purely domestic firms? Does it mean that they are less risky but more profitable than purely domestic firms? Explain. Part B Assuming no transaction costs, Barclays Bank quotes Australian dollar (A$) per pound sterling (£)=A$1.90/€, Suisse Bank quotes euros (€) per pound sterling (£)=€1.53/€ and ANZ quotes Australian dollar (A$) per euros (€)=A$1.25/€, do you detect any arbitrage opportunities here? If so, how could you (i.e., which ways) take profitable advantage of these rates? And what will be your arbitrage gains, if any (use a hypothetical investment amount of Australian dollar ten million)? (Must show your workings). [4+6=10 marks ] Question 5 You are working in the Forex Division of Flaggy Bank, Melbourne. You regularly report to your boss, the Manager of the Treasury and Forex Division. Suppose you observe the following interest rates, exchange rates and inflation rates between Australia and the UK. 3-month (annualized) interest rates in Australia and the UK are 7% and 3%, respectively. Spot and 3-month forward exchange rates, respectively, are A$1.80/f and A$1.85/£. Inflation rates in Australia and the UK are 4% and 5.5%, respectively. Using the above information, A. Could you advise your manager whether interest rate parity (IRP) holds between Australia and the UK? (Must show your calculations to advise your manager). If IRP does not hold, from where do you recommend that your bank should borrow and invest and why? B. Assuming no transaction costs, what would your bank's covered interest arbitrage profit (or loss) be on the borrowed amount of A$1 million or dollar-equivalent pound? (Must show your workings)?
MNCs usually enjoy a lower cost of capital than purely domestic firms due to their global presence and access to international financial markets. This does not necessarily mean they are less risky but more profitable than purely domestic firms.
MNCs often have a lower cost of capital because they have the ability to tap into a larger pool of investors and financing options. Their global presence allows them to diversify their operations across different countries, which can help reduce risk. MNCs also benefit from economies of scale and scope, as they can spread their fixed costs over a larger revenue base. This can lead to lower operating costs and higher profitability.
Moreover, MNCs typically have access to international financial markets, where they can raise capital at competitive interest rates. They can issue bonds or equity in multiple currencies and take advantage of favorable interest rate differentials between countries. This enables them to optimize their capital structure and reduce their overall cost of capital.
However, it's important to note that MNCs are not necessarily less risky than purely domestic firms. Their global operations expose them to additional risks such as currency fluctuations, political instability, and regulatory challenges in different jurisdictions. While MNCs may enjoy certain advantages in terms of cost of capital, their risk profile can vary depending on various factors.
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A static budget: multiple choice is based on a range of activity. presents a clear measure of performance when planned activity differs from actual activity. is based totally on prior year's costs.
A static budget is a budget that is made for the future and is based on the prior year's cost.
A static budget is a budget that uses predicted amounts for a given period of time before the period is begun. The unique feature of a static budget is that it does not change even if there are changes in revenue and expenses. A static budget is used as a tool to gauge the performance of a business over time.
A static budget is a very helpful budget for businesses whose demand does not change much. So it is a base-case budget used by accountants and finance leaders used as a roadmap. This type of budget helps the organization meet its goals most efficiently. This is also used as a good cash management tool.
It helps the organization to check that it does not increase beyond the cost of its budget. It also helps to monitor sales volume against their expectations. As the static budget is used in monitoring business performance, they are used regularly in variance analysis and reporting.
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System of allocating goods and services without prices is called:_________
The system of allocating goods and services without prices is called a command economy.
In a command economy, the government or a central authority determines what goods and services should be produced, how much should be produced, and how they should be distributed to consumers. This is in contrast to a market economy, where prices play a central role in allocating goods and services, with consumers and producers making choices based on supply and demand. Command economies were historically used by countries that embraced socialism or communism, with the goal of achieving greater economic equality and social welfare. However, command economies have largely fallen out of favor, as they have been criticized for being inefficient and prone to corruption.
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what are the four important decisions made when developing an advertising program? list them in order.
Setting advertising objectives, setting the advertising budget, developing advertising strategy, and evaluating advertising effectiveness is the correct order.
In advertising objective it has has three primary objectives in which it has to to inform, to persuade, and to remind . It creates awareness of brands, products, services, and ideas.
In advertising budget there is an estimate of a company's promotional expenditures. Mainly, it is the money a company is willing to set aside to accomplish its marketing objectives.
In Marketing strategy it allows organizations to focus on limited resources on best opportunities to increase sales and achieve a competitive advantage.
In evaluating advertising effectiveness communication Effect Research and Sales Effect Research are two major traditional methods of evaluating advertising effectiveness.
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What is the purpose of the federal budget? A. It serves as a plan for government spending each year. B. It ensures that the government will always have a surplus C. It allows the government to default on its debts O D. It prevents the government from creating a budget deficit .
Answer:
It serves as a plan for government spending each year
The major purpose of the federal government is to serve as a plan for government spending each year.
What do you mean by a federal budget?A federal budget refers to a plan for how the government will take in money.
It is revised every year and the purpose is to outline the budget for the nation's priorities for years.
It serves as a plan for government spending. Therefore, A is the correct option.
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Describe how effective decision-making requires comparing the additional costs of alternatives with the additional benefits of alternatives.
Explanation:
Effective decision making requires comparing the additional costs of alternatives with the additional benefits. ... As long as the marginal benefit of an activity exceeds the marginal cost, people are better off doing more of it; when the marginal cost exceeds the marginal benefit, they are better off doing less of it.