What is the difference between budget deficits and the national debt?
What will be an ideal response?
An ideal response will:
1, Define a budget deficit as the difference between yearly revenues and expenditures, and define the national debt as the nation's cumulative deficits.
2, Outline the main difference between the two, which is that the national debt is the long-term structural result of ongoing budget deficits.
3, Note that reducing the level of national debt is far more difficult than reducing budget deficits.
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________ refers to the purchase or creation of assets in one country by an individual, firm, or government based in a different country
A. FDI B. GDP C. GNP D. ROI E. NDP
Explain what dependency theory is and how it is related to the concept of enclave economies. Provide an example in your explanation. Then, discuss an alternative form of dependency.
What will be an ideal response?
The National League of Cities is an example of
a. a public interest group. b. an economic interest group. c. an ideological interest group. d. a government interest group. e. a single issue interest group.
Critics of summary jury trials
a. undermine the formal legal process. b. worry that the speedy trial makes the case overwhelming to the jurors. c. violate public policy. d. all of the above.