Answer the next question using the following budget information for a hypothetical economy. All data are in billions of dollars.

Government Spending Tax Revenues GDP
Year 1 $800 $825 $4,000
Year 2 850 850 4,200
Year 3 900 875 4,350
Year 4 950 900 4,500
Year 5 1,000 925 4,600

In which year is there a balanced budget was deficit $75 billion?

Atlas manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. currently atlas produces 40,000 valves and is thinking about increasing production to 45,000 valves next year. what is the most likely behavior of total manufacturing costs and unit manufacturing costs given this change? a. total manufacturing costs will increase and unit manufacturing costs will also increase. b. total manufacturing costs will stay the same and unit manufacturing costs will stay the same. c. total manufacturing costs will increase and unit manufacturing costs will decrease. d. total manufacturing costs will increase and unit manufacturing costs will stay the same.

Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.