Solve the problem.In 2011, a country's government projected total receipts of $2590 billion ($2.590 trillion) and a deficit of $223 billion for 2013. If outlays turn out to be higher than expected by 7% while receipts turn out to be lower by 7%, what would the 2013 surplus or deficit be?
A. $601 billion deficit
B. $571 billion deficit
C. $155 billion deficit
D. $215 billion deficit
Answer: A
You might also like to view...
On April 1, 2016, Meyers Company purchased a bulldozer. Payment, totaling $70,000, is not due until April 1, 2018. Assuming interest at a 12% annual rate, Meyers should debit Machinery on April 1, 2016, in the amount of
A. $70,000. B. $62,500. C. $61,600. D. $55,804.
?Stacey has $5,000,000 on deposit in a fund that earns 9% interest compounded annually. How much can Stacey withdraw annually from the fund in ten equal annual withdrawals to completely deplete the fund after the tenth draw, assuming the first withdrawal occurs one year from today?
A. ?$450,000 B. ?$714,771 C. ?$779,100 D. ?$555,555
Decide whether the statement makes sense. Explain your reasoning.If I pay off my mortgage in 12 years instead of 24, I will have to pay about twice as much per month since I will be paying the mortgage off in half the time.
What will be an ideal response?
Solve the equation on the interval 0 ? ? < 2?.sin (4?) = 
A. 0
B. 
, 
C. 
, 
, 
, 
, 
, 
, 
, 
D. 0, 
, ?