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Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817 Exercise 11
The off-budget-on-budget distinction
A) is important because two large programs, Social Security and Medicare, largely run off-budget.
B) is a historical fiction.
C) deals with long-lasting products of government (like roads and bridges).
D) is important because defense is a run off-budget.
A) is important because two large programs, Social Security and Medicare, largely run off-budget.
B) is a historical fiction.
C) deals with long-lasting products of government (like roads and bridges).
D) is important because defense is a run off-budget.
Explanation
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This results in either a surplus or a de...
Issues in Economics Today 7th Edition by Robert Guell
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