The longer the revenue lag,the greater the pressure on the budget system.

Name: The longer the revenue lag,the greater the pressure on the budget system.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

This statement is true because a longer revenue lag means that there is a delay in receiving expected revenue, which can lead to cash flow problems, budget deficits, and increased borrowing costs. This puts pressure on the budget system and makes it more difficult to manage and fund the government's activities and programs.

The Longer the Revenue Lag,the Greater the Pressure on the Budget