This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is a government's budget constraint in the long run as opposed to a given time period? What ... (Read 198 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
What is a government's budget constraint in the long run as opposed to a given time period?
 
  What will be an ideal response?

Question 2

Which category of unemployed individuals makes up the greatest share of those who are unemployed?
 
  A) new entrants
  B) reentrants
  C) job losers
  D) job leavers


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janeli

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

In a given time period, the government budget constraint is the limitation on public expenditures, which is the total amount of tax revenues plus borrowed funds. However, a government cannot borrow forever, so that its constraint in the long run is simply tax revenues.

Answer to Question 2

C


lilldybug07

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
:D TYSM

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Shelled invertebrate fossils of the Ordovician period Shelled invertebrate fossils of the Ordovician period
Tracking time of marker entry generates a chromosome map Tracking time of marker entry generates a chromosome map
The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago
A very thin uniform rod, 2.40 m long and of weight 135 N, has a frictionless hinge at its lower ... A very thin uniform rod, 2.40 m long and of weight 135 N, has a frictionless hinge at its lower ...
A time map of the genes studied in the experiment A time map of the genes studied in the experiment
Video: Prone Position

For a complete list of videos, visit our video library