Question: What is the difference between short-term and long-term debt? Provide two examples of each (total of 4 examples) finkler B. What are the pros/cons or

What is the difference between short-term and long-term debt? Provide two examples of each (total of 4 examples) finkler B. What are the pros/cons or advantages/disadvantages to long-term debt? C. Why would a local government go into debt? Provide examples to illustrate your response.

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