Under capital budgeting,all of the following transactions would affect the federal budget deficit except the federal government's:

Question

Quizplus · Accepted Answer

Selling a highway to the province of Nova Scotia and using the proceeds to retire federal debt does not affect the federal budget deficit because it is an asset sale and the proceeds are used to pay down debt, not to fund current expenditures.

Under Capital Budgeting,all of the Following Transactions Would Affect the Federal