Explain budget deficit
Explain why a budget deficit in a given year when the unemployment rate is 10 percent could be, in fact, a surplus in that year if the unemployment rate were 5 percent. The discussion explains what a budget deficit is and why it occurs.
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Select a recent situation in which employees and the employer realized the cost of benefits is to expensive to sustain business and the company has taken drastic measures to remain viable.
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Assume Baxter Manufacturing has 50,000 machine hours available. What would be the optimal production of each product to maximize Baxter's profits?
Explain why a budget deficit in a given year when the unemployment rate is 10 percent could be, in fact, a surplus in that year if the unemployment rate were 5 percent.
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explain why exchange rate risk might make the French retailer hesitant to place the order. How might speculators absorb some of Winter Sports' risk.
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