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 152 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
Great answer, keep it coming :)

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that
How to solve a distance, time, speed problem using linear algebra How to solve a distance, time, speed problem using linear algebra
Embryonic Period Embryonic Period
Embryonic Period - 4th week Embryonic Period - 4th week
This table shows the growth of a crowd at a rally over a 3 h period. This table shows the growth of a crowd at a rally over a 3 h period.
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Hormonal feedback loop components

For a complete list of videos, visit our video library