Read the passage.
What did the president mean when he said he had to
face "very difficult choices" when creating a federal
budget?
O deciding which country to borrow from to finance
spending
O deciding what would be funded and what would be cut
O deciding how to keep interest rates low on the
national debt
O deciding how much to increase tax rates

Answers

Answer 1

The President used "very difficult choices" to explains it is difficult to decide what would be funded and what would be cut

Who used the quote?

The quote was used by President Barack Obama during the 2012 Budget Message of the President.

Hence, he explained that it was difficult to decide what would be funded and what would be cut.

Therefore, the Option A is correct.

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Answer 2

Answer:

B. deciding what would be funded and what will be cut

Explanation:


Related Questions

Which of the following exemplifies a change in buyers' tastes? Multiple choice question. A decrease in national income because of a recession. An increase in demand for digital cameras over 35mm cameras. An increase in the number of buyers in a market. A decrease in the average price of gasoline during the winter.

Answers

Answer: An increase in demand for digital cameras over 35mm cameras.

Describe how you learn and adjust when an experience does not turn out as expected.

Answers

The best way to learn and adjust to a bad experience is to learn from it and try again.

What is a Learning Experience?

This refers to the circumstance or event that occurs that teaches one a (painful) lesson that would give him a better idea of dealing with similar events.

Hence, we can see that when a person has a bad experience, it is important to take the lessons and apply it, so that it would not occur again.

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Two qualities that a good ___________ should have are to be persistent and not accept rejection.
A). product manager
B). founder
C). salesperson
D). account manager

Answers

i say C makes the most since in the sentence

The final step in the portfolio management process is most likely to include: investment research. portfolio construction. evaluation of portfolio per

Answers

The evaluation of portfolio is the final step in the portfolio management process.

What is a portfolio management?

This refers to the process of selecting group of investments that meet a firm's long-term financial objectives.

The steps of a portfolio management includes:

asset allocationsecurity analysisportfolio constructionportfolio monitoring evaluation of portfolio

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1. Analyze financial statements. 2. Transfer journal entries to ledger 3. Prepare the financial statements. 4. Record transactions in journals. 5. Take a trial balance. 6. Analyze source documents Match each of the options above to the items below. i. Separate purchasing receipts from sales documents. ii. Record financial data. iii. Post individual transactions into a single account. iv. Summarize data in the ledgers. v. Prepare income statement. vi. Evaluate profit/loss of the firm.

Answers

Analyze transactions- Post individual transactions into a single account, Transfer journal entries to ledger-Summarize data in the ledgers, Prepare the financial statements-Evaluate profit/loss of the firm, Record transactions in journals--Prepare income statement, Take a trial balance-Record financial data, Analyze source documents- Separate purchasing receipts from sales documents.

What is profit and loss?

Profit is the excess amount of the firm, which the business has attended in the financial year of working. I t includes the net profit. Loss is the amount that a firm occurred during a year, it covers the net loss of the firm.

Thus, the statement are matched above.

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Select the correct answer from each drop-down menu. which sector dominates developed economies such as the united states? in developed economies such as the united states, the sector dominates the economy. examples include legal firms, , and so on.

Answers

Legal firms and hospitals are the that dominates the economy is the consumer service sector.

Which sector dominates developed economies such as the United States?

In the Unites State which is a developed country is highly dominated by the service sector, in US about 80% of the country's output. The US service sectors companies are technology, financial services, healthcare and retail, that dominated maximum economy.

Thus, Legal firms and hospitals

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The main benefit of a technical school certification
is (4 points)
Select one:
a. more limited choices for careers
b. more time spent perfecting skills compared to college
c. reduced costs compared to other degree options
d. reduced earning potential compared to college

Answers

Explanation:

more time spent perfecting skills compared to college

Jim is an accountant who reimburses travel expenses for company employees who have used personal funds for travel. Tom, a company sales rep, has requested a reimbursement for a $200 dinner. However, Tom does not have proper documentation which means the expense cannot be reimbursed. Tom offers to split the reimbursement with Jim, if Jim will approve it without the documentation. Jim should

Answers

The inference shows that Jim should reject the reimbursement as confidentially report the incident.

What is an inference?

An inference simply means the conclusion that can be deduced based on the information given in a literary work.

In this case, the inference shows that Jim should reject the reimbursement as confidentially report the incident.

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Some companies positively harness the power of rumors to multiple choice instill false confidence in investors. replace formal communications. create buzz about a new product launch. deflect interpersonal conflicts. achieve the boundaryless organization.

Answers

Some companies positively harness the power of rumors to create buzz about a new product launch. Option C. This is further explained below.

What are rumors?

Generally, rumor is simply defined as a tale or report that is now doing the rounds but whose veracity is questionable.

In conclusion,  In certain cases, corporations use the power of rumors to promote a new product introduction.

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Products whose demand rises when another product’s price increases are called.

Answers

Close Substitutes.

When the price of a commodity rises, the demand for its close substitute is likely to rise because the price of the close substitute remains the same.

NEED HELP ASAP! WILL GIVE BRAINLIEST TO GOOD ANSWER

For business paper 2, what do I need to revise and can anyone give me tips?

Answers

Answer:

effective way to revise for Business. ...

Mind Maps. Mind maps allow you to organise information better visually, through the use of branches and sub-branches. ...

The right environment. ...

Study buddy. ...

Johnson Controls, Inc. produces the seats for the Dodge Neon. Although Johnson initially was able to meet Dodge's cost target, it was not able to meet its safety, weight, and comfort specifications. Engineers from Dodge visited the Johnson plant and worked with its design people to create a seat that met all of the technical requirements at a cost that both could agree on. Johnson Controls and Dodge engaged in ________.

Answers

Johnson Controls and Dodge engaged in Reverse Marketing.

What is Reverse Marketing

Reverse Marketing can be defined as a type of marketing in which the customer are the one that patronized your a company business instead of the company creating brand or product awareness to the consumer.

This type of marketing strategy enables customer to be attracted to your business just as in the case of Johnson controls and its consumer Dodge.

Therefore  Johnson Controls and Dodge engaged in Reverse Marketing.

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Select the correct answer.
Joana volunteers to deliver a last-minute presentation on behalf of her team. Which quality is Joana demonstrating?
A.
confidence
B.
honesty
C.
responsibility
D.
resourcefulness
E.
punctuality

Answers

According to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.

What is responsibility?

It is the quality of that individual who fulfills his obligations and assumes the consequences of his acts.

Through it, individuals make decisions consciously and take responsibility for the consequences that may arise from them, in addition, it implies the commitment to fulfill agreements and obligations.

Therefore, we can conclude that according to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.

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Answer:

i don't think its B C D or E. quite stumped myself.

Explanation:

Accounting information is categorized as inputs, processing, or outputs. Select the appropriate category for each type of accounting information listed. 1. Sales Documents (Click to select) 2. Journal Entries (Click to select) 3. Payroll Records (Click to select) 4. Travel Records (Click to select) 5. Income Statement (Click to select) 6. Posting to Accounts (Click to select) 7. Balance Sheet (Click to select) 8. Summarizing Accounts (Click to select) 9. Statement of Cash Flows

Answers

There are various accounting information which can be grouped under input, processing and outputs.

Correct grouping of accounting information

1.) Sales Documents: Processing

2. Journal Entries: inputs

3. Payroll Records: inputs

4. Travel Records: outputs

5. Income Statement: outputs

6. Posting to Accounts: outputs

7. Balance Sheet: processing

8. Summarizing Accounts: processing

9. Statement of Cash Flows: processing

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What makes a business unique

Answers

Answer:

A lot of things can make a business unique since every entrepreneur has different ideas when starting a new business it depends on the persons approach to their business.

Answer:

the people, their approach, the intangible elements.

In Chile, one worker can harvest 4 pounds of peppers or 4 pounds of coffee beans. In Argentina, one worker can harvest 2 pounds of peppers or 8 pounds of coffee beans. What is the opportunity cost for both countries to harvest another 4 pounds of peppers

Answers

Chile- 4 pounds of coffee beans, Argentina - 16 pounds of coffee beans, is the correct solution of the question.

Explanation of the question?

It loses 4 pounds of coffee beans if one worker produces 4 pounds of peppers. As a result, if the worker produces 4 pounds extra peppers, 4 pounds of coffee beans will be lost. As a result, the opportunity cost of generating an additional 4 pounds of peppers for Chile is equal to 4 pounds of coffee beans.

Argentina's case:

It loses 8 pounds of coffee beans if one worker produces 2 pounds of peppers.

As a result, if the worker produces 1 pound of pepper, it loses = 8/2 = 4 pounds of coffee beans.

The worker will lose = 4 * 4 = 16 pounds of coffee beans if he produces 4 pounds of peppers.

As a result, the potential cost of producing an additional 4 pounds of peppers for Argentina is 16 pounds of coffee beans.

Thus, it is 4 pounds of coffee beans, Argentina - 16 pounds of coffee beans.

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Question 1 of 10
In a business cycle, a contraction occurs when:
OA. a period of economic growth reaches its highest point.
B. the economy begins to show growth in key economic indicat
OC. a period of economic decline reaches its lowest point.
D. the economy slows down following a period of growthm

Answers

In a business cycle, a contraction take place when there is the economic downturn after the construction of economic growth. Option D is correct.

What is contraction in business cycle?

Contraction is defined a diminishing in whole of the economy in the business cycle, it is the 3rd phrase of the business cycle. A contraction happens when the business cycle attains its peak, but before it reaches its trough.

Therefore, option D is correct.

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Why should investors know the difference between nominal and real interest rates?.

Answers

Why should investors know the difference between nominal and real interest rates is: To be able to to recognize the effects of inflation.

Nominal and real interest rates

It is important or paramount that  investors know the difference between nominal and real interest rates as this will enable them to know the effect of inflation which occur when their is  increase in the price of goods and service.

Nominal interest rates will  help tell investors about the current situation in the market  while Real rates will tell investor  the returns they can gain so as to increase their capital.

Therefore Why should investors know the difference between nominal and real interest rates is: To be able to to recognize the effects of inflation.

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define permanent office in one sentence​

Answers

Answer:

A permanent office is also known as the long term office. It is established for the production and distribution of goods and services over a long period of time.

Explanation:

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The market price of a security is $50. Its expected rate of return is 14%. The risk-free rate is 6%, and the market risk premium is 8.5%. What will be the market price of the security if its correlation coefficient with the market portfolio doubles (and all other variables remain unchanged)

Answers

The market price of a security is $50. Its expected rate of return is 14%, and the market price of the security  is mathematically given as

MR=27.368

What will be the market price of the security if its correlation coefficient with the market portfolio doubles?

Generally, the equation for expected rate return is mathematically given as

RR=(Rf+beta*(Rm-Rf)

Therefore

RR=(Rf+beta*(Rm-Rf)

Beta= (13-7)/8

Beta=0.75

In conclusion, the market price of a security

MR=DPs/RR

Where

Po=DPS/RR'

DPS=40*0.13

DPS=$5.23

and

RR=&+1.5*8

RR=19%

Hence

MR=$5.23/0.19

MR=27.368

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A limit order is an order away from the market price that is held in a ________ until it can be executed at the desired price. Group of answer choices continuous order book limit order book dealer book none of the options

Answers

A limit order is an order away from the market price that is held in a limit order book until it can be executed at the desired price.

What is limit order?

A limit order refers to the purchase of securities at a well negotiated price, other than the price stated. The limit order places an already known amount before purchasing or selling security.

Hence, a limit order is an order away from the market price that is held in a limit order book until it can be executed at the desired price.

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In the context of the career stage model, _____ are sequences of job experiences along which employees move during their careers.

Answers

The sequence of job experiences along which employees move during their careers in the career stage model is known as the career path.

What is a Career?

When an individual chooses his profession based on his interest and opportunities in the profession to achieve success is known as his career.

The career path is referred to as a sequence of jobs an individual did to achieve his personal and professional goals. For example, when anyone starts his job from fresher level to managerial level. The journey and the experience he had from beginner to experience will be considered a career path.

This carrer path helps an individual to grow, learn skills, develop new interests and take on challenges to achieve growth in life. This career path helps to change the field if you are not satisfied with the work or growth you are seeking.

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PLEASE HELP RIGHT NOW

What is a benefit of investing in mutual funds? (CS18)
Investors' fees are waived because it is an ownership investment.

Investors are guaranteed a minimal amount of return.

Investors earn interest because it is a lending investment.

Investors have access to a fund manager's expertise.

Answers

The major advantage of investing in mutual funds is the investors have access to a fund manager's expertise. hence, Option D is the correct statement.

What are Mutual funds?

An agency that collects money from many buyers and invests the money in securities including stocks, bonds, and short-term debt is called Mutual funds.

The mixed holdings of the mutual fund are called a portfolio. Investors purchase stocks in mutual funds.

Therefore, Option D is the correct statement.

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A business's budget estimates yearly sales of $735,650. if the business plans to spend 38%
of sales on salaries and wages and 24% of sales for other expenses, how much should it
budget for total expenses?
o $456,103
o $279,547
o $176,556
o $529,668

Answers

The amount that it should budget for total expenses is: $456,103.

Budgeted total expense

Using this formula

Total expenses=(Yearly sales×38%)+ (Yearly sales×24%)

Let plug in the formula

Total expenses=$279,547+$176,556

Total expenses=$456,103

Therefore the correct option is A.

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cash flows earlier in a project's life are more valuable than Blank______ cash flows later on. Multiple select question. Higher; lower Lower; higher Higher; higher Lower; lower

Answers

Cash flows earlier in a project's life are more valuable than Higher cash flows later on Lower. Option A. This is further explained below.

What is the project?

Generally, the project is simply defined as company that is well organized to accomplish a certain goal.

In conclusion, A project's early cash flows are more valuable than its later cash flows that are higher, but later on.

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Your wealthy uncle established a $2,100 bank account for you when you were born. For the first 9 years of your life, the interest rate earned on the account was 4%. Since then, rates have been only 2%. Now you are 23 years old and ready to cash in. How much is in your account

Answers

The future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.

What is future value?

The future value of an amount is the value obtained in the future after compounding at an interest rate.

The future values after years 9 and 23 can be determined using an online finance calculator as follows:

Future Value of $2,100 after 9 years:

N (# of periods) = 9 years

I/Y (Interest per year) = 4%

PV (Present Value) = $2,100

PMT (Periodic Payment) = $0

Results:

FV = $2,988.95

Total Interest $888.95

Future Value of $2,988.95 after 14 years:

N (# of periods) 14 (23 - 9)

I/Y (Interest per year) = 2%

PV (Present Value) = $2,988.95

PMT (Periodic Payment) = $0

Results:

FV = $3,943.86

Total Interest $954.91

Thus, the future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.

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Define the term teamwork

Answers

Answer:

helping and communicating

Explanation:

word done by several associates with each doing a part but all subordinating personal prominence to the effeciency of the whole

hope it helps

source: merriam webster

Answer:

the combined action of groups ,especially when effective and efficient

On October 1, Year 1, Jason Company paid $3,600 to lease office space for one year beginning immediately. What is the cash outflow for rent that would be reported on the Year 1 statement of cash flows

Answers

The cash outflow for rent that would be reported on the Year 1 statement of cash flows is $2,700

What is cashflow?

This is the amount of cash , which a company receives or gives out by the way of payments to its creditors.

Though the amount paid was paid on October 1, Year 1 it will only be expensed from October to December for year 1.

The duration of the payment is 12 months, hence  

Monthly amortization

= $3,600 / 12

= $300

Rent expense for year 1

= $300 × 3

= $900

The ending balance in the prepaid rent account will be  

= $3,600 - $900

= $2,700

This will be the cash outflow for rent that would be reported on the Year 1 statement of cash flows.

Hence, the cash outflow for rent that would be reported on the Year 1 statement of cash flows is $2,700

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Select the correct answer.
Which equation is the correct fundamental accounting equation?
OA owner's equity = liabilities -assets
OB.
assets liabilities - owner's equity
=
OC. assets = liabilities + owner's equity
O D.
assets + liabilities = owner's equity

Answers

Answer:

Assets=liabilities+owner's equity

The __________ market consists of individuals and organizations that want goods and services in order to produce goods and services or to sell, rent, or supply those goods to others.

Answers

The B2B market consists of individuals and organizations that want goods and services in order to produce goods and services or to sell, rent, or supply those goods to others.

What is B2B marketing?

B2B marketing can be regarded as business-to-business marketing which is a kind of marketing used to focus on other business.

It involves focusing on the process of selling a product or service to a business as well as the affairs of that other business.

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Which algebraic expression is a polynomial? Here is an excerpt from marianne moore's "poetry" in which moore expresses her dislike for poorly written poems. what does moore mean when she says "imaginary gardens with real toads in them" in this excerpt? same thing may be said for all of usthat we do not admire what we cannot understand. the bat, holding on upside down or in quest of something to eat, elephants pushing, a wild horse taking a roll all these phenomena are important. one must make a distinction however: when dragged into prominence by half poets, the result is not poetry, nor till the autocrats among us can be "literalists of the imagination"above insolence and triviality and can present for inspection, imaginary gardens with real toads in them, shall we have it. in the meantime, if you demand on the one hand, in defiance of their opinion the raw material of poetry in all its rawness, and that which is on the other hand, genuine, then you are interested in poetry. Organelles wear out just like the parts to a machine. The cell is always repairing old organelles or completely breaking them down and replacing them with new ones. Imagine that a mitochondrion is old and worn out. What organelle(s) could be responsible for "disposing" of it? Then, on Black Thursday, the American dream turned into anightmare as Wall Street's Stock Market Boom turned into TheCrash. People were stunned, unbelieving at first. Paper fortuneshad vanished, but money was the foundation of American life.Disbelief turned to panic as people besieged [stormed] the banks(this one was in New Jersey) trying to withdraw their life's savingsoften too late. The banks began to collapse and industrialproduction ground to a halt.-1 According to this document, what effect did The Crash have on banks? 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(You may not investigate Haydn, Beethoven, or Mozart.)Antonio SalieriLuigi BoccheriniLuigi CherubiniWilliam BillingsJohann Christian Bach2. Investigate the composer.Find out as much as you can about the composer. Read about his life and his music. You'll at least want to know:birth/death datescountry where he was born and/or livedinfluence on Classical music and/or other composersmusical style, forms, or pieces he's known forlistening samples of his music (at least two)3. Analyze the music.As you investigate, you should especially be concerned with his music. Listen to the two pieces you chose. Then, answer these questions to help you decide if he's a "good" Classical composer that follows the rules of Classical music writing.Does he write in the established Classical forms?Is his music simple, orderly, and balanced?Does he follow typical Classical style elements in the melody, harmony, tonality, rhythm, and expression he uses?Does he follow the music trends of the day (like instrumental over vocal or secular over sacred)? 3. Find the measures of the angles in the figure. HAPPY PRIDE MONTH!!Predict: What do you think would have happend if Aztec society had not had slaves?( BRAINLIEST ) Find the equationof the linethat goes through (-3,4) and(6,7) in the form of y=mx+b. read these lines from sonnet 18 by william shakespeare Darwin saw populations of various species that seemed well-suited to their environment. What did this suggest? What is the youngest age a person can legally buy tobacco products in texas?. 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