How does the government raise money if there is insufficient tax revenue to cover spending?
Question:
How does the government raise money if there is insufficient tax revenue to cover spending?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
When there is insufficient tax revenue to cover government spendingthe government has a few options to raise additional funds 1 Increase taxes This is ...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
-
Policy Application: Distortionary Taxes in General Equilibrium: Consider, as in exercise 16.10, a 2-person exchange economy in which I own 200 units of x1 and 100 units of x2 while you own 100 units...
-
Given the definition of the radian angle: S l Where [s] = m, [4] = m What are the dimensions of angles? A. No way to know B. meters, m C. 1 (or no units/dimensions) D. seconds, S E. kilograms, kg
-
Review the Diversity Competency feature on Aetnas Diverse Discoveries Program. Which attributes of the diversity competency are illustrated in this feature?
-
Figure a show two concentric circular regions in which uniform magnetic fields can change. Region 1, with radius r1 = 1.0 cm, has an outward magnetic field B1, that is increasing in magnitude. Region...
-
To calculate the expected frequencies, we must know the row totals, the column totals, and the ________________ total. In Exercises 35, fill in each blank with the appropriate word or phrase.
-
The Metropolitan Arts Council (MAC) wants to advertise its upcoming season of plays, concerts, and ballets. A television commercial that costs $25,000 will supposedly reach 53,000 potential arts...
-
1)Calculate the yield to maturity, current yield, and capital gains yield for a 12% coupon bond, with semi-annual coupons, face value of $1,000, 15 years to maturity, and a price of $1,110. Yield to...
-
What is the difference between internal and external debt? Why is external debt such a concern? Compare and contrast criticisms of globalization.
-
Governments are also players in the economy. What is the main source of funds for the U.S. government? What happens if the government spends more than it takes in?
-
At 90C, a binary-mixture of n-propanol (a) and water (b) follows the van Laar equation with A = 7,850 [J/mol] and B = 3,410 [J/mol]. (a) Consider a liquid with 60 mole% n-propanol at 90C in...
-
How has GE unified its various brands under one marketing umbrella (or brand).? Based on the brand: Adidas running shoes. You need to answer to the following questions: Q1. Identify the Brand's media...
-
Explain why you chose tosave $2,000 for a vacationover a time frame oftwo years. (Your response should be 2-3 sentences.)Remember, if you use any information or ideas from the webtext, be sure to add...
-
A small object, which has a charge q = 5.7 C and mass m = 2.1 x 105 kg, is placed in a constant electric field. Starting from rest, the object accelerates to a speed of 3.3 x 103 m/s in a time of 1.1...
-
What strategies can be employed to reduce stress and burnout among healthcare professionals during prolonged periods of crisis ?
-
In exchange for a 40% interest in ABC Partnership, Faith contributes land with a basis of $50,000 and FMV of $125,000. There is a mortgage on the land for $30,000 which ABC Partnership assumes....
-
Why might the discount rate vary as you move through a decision tree?
-
If a force of F = 50 Ib is applied to the pads at A and C, determine the smallest dimension d required for equilibrium if the spring has an unstretched length of 1 ft. B 1 ft 1 ft F k = 15016/fr 1ft...
-
Bob Johnson decided to purchase a new home. After looking at tracts of new homes, he decided .that a custom-built home was preferable. He hired an architect to prepare the drawings. In due time, the...
-
Venus Computer can produce 23,000 personal computers a year on its daytime shift. The fixed manufacturing costs per year are $2 million and the total labor cost is $9,109,000. To increase its...
-
A small machine shop, with 30 hp of connected load, purchases electricity under the following monthly rates (assume any demand charge is included in this schedule): First 50 kw-hr per hp of connected...
-
1. Write the right-hand side equation for the following terms: (a) p(s',rlsa) Pr (???) (b) R(sa) = E [???] (c) (sa) = Pr (???) (d) * = argmax ??? (e) V(s) = ??? (f) Q(s,a) = ???
-
4. At which x-values is the function: sin(3x) x+5 continuous? Express your answer in interval notation.
-
1. The adrenal gland secretes hormones and catecholamines such as epinephrine to regulate the body. The average adult adrenal gland can be estimated as 30 mm in width, 50 mm in length, and up to 10...
Study smarter with the SolutionInn App