___________________ occur when politicians commit to making a series of future expenditures without simultaneously committing to collect

Question:

___________________ occur when politicians commit to making a series of future expenditures without simultaneously committing to collect enough tax revenues to pay for those expenditures.

a. Budget deficits

b. Debt Crises

c. Loan guarantees

d. Unfunded liabilities

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Microeconomics Principles, Problems and Policies

ISBN: 978-1259450242

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

See More Books

Question Posted: Apr 24, 2018 08:45 AM

See More Questions

Founded in 1958, W. L Gore & Associates has become a modern-day success story as a uniquely managed, privately owned, family business. Founders Bill and Vieve Gore set out to create a business where...
Is there any advantage to making a series of budget schedules, rather than just producing a pro forma income statement and balance sheet? What are the advantages, if any?
Lowlife Company defaulted on a $250,000 loan that was due on December 31, 2018. The bank has agreed to allow Lowlife to repay the $250,000 by making a series of equal annual payments beginning on...
Review the media landscape and system in The Bahamas. Which theories/typologies would fit the nation's media best? Explain your answer thoroughly using "Normative Theories of The Media Journalism and...
The center of a rectangular area at ground surface has Cartesian coordinates (0, 0), and the corners have coordinates (7, 18). All dimensions are in meters. The area carries a uniform pressure of 150...
In Exercises explore the Alternating Series Remainder. (a) Use a graphing utility to find the indicated partial sum S n and complete the table. (b) Use a graphing utility to graph the first 10 terms...
E18-4 Chapter 7 bankruptcyexpected payment of a bond payable Madeline SA had a bond payable partially secured by 50% of plant assets realization. Madeline file a Chapter 7 bankruptcy and a...
Rob Company purchases a 90% interest in Venus Company for $418,500 on January 1, 2013. Any excess of cost over book value is attributed to equipment, which is being depreciated over 20 years. Both...
1. Compute William's Steel Parts' monthly breakeven sales in dollars. 2. Use the contribution margin ratio to project operating income (or loss) if revenues are $520,000 and if they are $1,020,000....
Rusty Spears, CEO of Rusty's Renovations, a custom building and repair company, is preparing documentation for a line of credit request from his commercial banker. Among the required documents is a...
Which biome, in your opinion, has suffered the most deleterious effects from human activities? Explain your answer.
How does vegetation change with increasing elevation and latitude?
A ball is thrown upward at an angle of 30 to the horizontal and lands on the top edge of a building that is 20 m away. The top edge is 5.0 m above the throwing point. How fast was the ball thrown?
Briefly, discuss the use of survey research in exploratory, descriptive, explanatory, and evaluation studies. Using a criminal justice example select one type of research study and develop one...
Medical Helicopters In a study of helicopter usage and patient survival, results were obtained from 47,637 patients transported by helicopter and 111,874 patients transported by ground (based on data...
Woodland Hills Company reported income before taxes (pretax financial income) in its income statement of $60,000. Among the items included in the computation of pretax financial income were the...
cest Shouldice Hospital in Canada is widely known for one thing-hernia repair! In fact, that is the only operation it performs, and it performs a great many of them. Over the past two decades this...
The activation energy for the gas phase decomposition of isobutyl bromide is 211 kJ. (CH3)2CHCH2 Br (CH3)2C=CH2+ HBr The rate constant at 676 K is 5.73 x 10-4 s. The rate constant will be 0.00647 s...
An economy car rented in Florida from Enterprise on a weekly basis costs $185 per week. Extra days cost $37 per day until the day rate exceeds the weekly rate, in which case the weekly rate applies....
A local politician is concerned that a program for the homeless in her city is discriminating against blacks and other minorities. The following data were taken from a random sample of black and...
The table shows money income shares in the United States in 2001. Draw a U.S. Lorenz curve in 2001. Was the U.S. distribution of income more equal in 2001 than in 2012? Explain your answer....
Is the Gini ratio for Australia larger or smaller than that for Brazil and South Africa? Explain your answer. Households (quintile) Market income (percent of total) Lowest 7 Second 13 Third 18 Fourth...
After you have studied Economics in the News on pp. 462463, answer the following questions. a. What is the trend in top executive pay? b. How can the idea of a contest among potential top executives...
(1 point) Bill makes annual deposits of $1900 to an an IRA earning 5% compounded annually for 14 years. At the end of the 14 years Bil retires. a) What was the value of his IRA at the end of 14...
Which of the following concerning short-term financing methods is NOT CORRECT? Short-term bank loans typically do not require assets as collateral. Firms generally have little control over the level...
Kingbird Corporation is preparing its December 31, 2017, balance sheet. The following items may be reported as either a current or long-term liability. 1. On December 15, 2017, Kingbird declared a...

___________________ occur when politicians commit to making a series of future expenditures without simultaneously committing to collect

Question:

Step by Step Answer:

d Un...View the full answer

Microeconomics Principles, Problems and Policies

Students also viewed these Business questions