Many governments end up with chronic budget deficits because:
A) Many government programs are popular with voters, but hardly any voter likes paying taxes
B) The nation simply cannot produce everything that it consumes, so it has to rely on others
C) Some resources are not available from within, so they would have to be bought from others
D) Businesses do not want to have "big government" around too much
Correct Answer:
Verified
Q31: The special-interest effect is significant because:
A) It
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Q34: In the corporate world of business, the
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Q37: "Unfunded liability" refers to a government commitment
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Q39: The government's budget deficit refers to the:
A)
Q40: The term government failure refers to the:
A)
Q41: All of the following are consequences of
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