This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In 2016, the city of Canfield collected $500,000 in taxes and spent $450,000. In 2016, the city of ... (Read 118 times)

stock

  • Hero Member
  • *****
  • Posts: 573
on: Apr 19, 2019

Question 1

The difference between what a government spends and what it collects in taxes in a year is


◦ net revenue.
◦ net taxes.
◦ the government budget deficit or surplus.
◦ the government debt.

Question 2

In 2016, the city of Canfield collected $500,000 in taxes and spent $450,000. In 2016, the city of Canfield had a


◦ budget surplus of $450,000.
◦ budget surplus of $50,000.
◦ budget deficit of $50,000.
◦ budget surplus of $5,000.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by stock on Apr 19, 2019

gcook

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


stock

  • Hero Member
  • *****
  • Posts: 573
Reply #2 on: Apr 19, 2019
Excellent


gcook

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Lewis Hine’s 1910 photograph shows a tenement alley in New York City. More famous for his “unsettlin Lewis Hine’s 1910 photograph shows a tenement alley in New York City. More famous for his “unsettlin
Statistics Center (07/2016) Statistics Center (07/2016)
Statistics Center (07/2016) Statistics Center (07/2016)
Frederick Law Olmsted and Calvert Vaux, Central Park, New York City. Frederick Law Olmsted and Calvert Vaux, Central Park, New York City.
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
Time spent on, paid work and housework, by living arrangements of Canadian Time spent on, paid work and housework, by living arrangements of Canadian
Video: Stroke volume - afterload definition & hypertension

For a complete list of videos, visit our video library