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

Author Question: Why is the government budget constraint different between the short run and the long run? What ... (Read 107 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
on: Jun 29, 2018
Why is the government budget constraint different between the short run and the long run?
 
  What will be an ideal response?

Question 2

Which of the following is a stock variable? The number of
 
  A) unemployed people.
  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

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

In the short run, the government budget constraint consists of tax revenues and borrowing. However, a government cannot borrow indefinitely so that, in the long run, its budget constant consists of only tax revenues.

Answer to Question 2

A


moongchi

  • Member
  • Posts: 516
Reply 2 on: Jun 29, 2018
Wow, this really help

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

This Black-browed Albatross has been hooked on a long-line. This Black-browed Albatross has been hooked on a long-line.
Local and long–distance cell communication in animals. Local and long–distance cell communication in animals.
Long bones develop from several bony centers--one for the shaft and at least one for each end. The e Long bones develop from several bony centers--one for the shaft and at least one for each end. The e
On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb
Types of Long-Term Memories Types of Long-Term Memories
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Video: Attention Deficit Disorder (ADD)

For a complete list of videos, visit our video library