Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is a reason why we should not expect a government budget to be balanced within a term of a few years?

Which of the following is a reason why we should not expect a government budget to be balanced within a term of a few years? Select the correct answer below: The government budget is too large to balance within a few years. The government may run a large budget deficit now to make important long-run investments. Because officials, representatives, and executives are replaced every few years, the budget will inevitably be balanced differently over time. As households evolve yearly, the government budget also adapts in order to meet household needs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Applied Business Ethics A Skills-Based Approach

Authors: Dean Bredeson

1st edition

538453982, 978-1133419068, 1133419062, 978-0538453981

More Books

Students also viewed these Economics questions

Question

Sketch the graph of F(t) = |t| - t / t.

Answered: 1 week ago

Question

How do you add two harmonic motions having different frequencies?

Answered: 1 week ago

Question

1. Information that is currently accessible (recognition).

Answered: 1 week ago