Which of the following is TRUE?
A) Cash accounting is easier to implement in practice than is capital accounting.
B) Capital accounting is easier to implement in practice than is cash accounting.
C) Spending $1 billion on highways would change the capital account balance but not the cash account balance.
D) Spending $1 billion on unemployment benefits would change the capital account balance but not the cash account balance.
Correct Answer:
Verified
Q29: Cash accounting measures the deficit as the:
A)
Q30: Which of the following is TRUE?
A) Static
Q31: Which of the following is TRUE?
A) When
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Q33: If the present discounted value of $200
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Q36: According to the approach developed by Gokhale
Q37: Which of the following occurs when the
Q38: If debt is a nominal obligation to
Q39: Which one of the following factors is
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