Suppose a Country Has Been Running a Persistent Government Budget

question 92

Multiple Choice

Suppose a country has been running a persistent government budget deficit. If the deficit is reduced, but remains positive,

• A) the country will experience a budget surplus.
• B) government debt will decrease.
• C) government debt will increase.
• D) interest payments on the debt immediately will decrease.

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Definitions:

Aaron Shenhar

A prominent figure in the field of project management, known for his contributions to understanding and enhancing project success and leadership.

Dov Dvir

An individual possibly known in specific professional or academic circles but does not have a widely recognized definition without additional context.

Monte Carlo Simulation

A mathematical technique that uses statistical sampling to estimate the probability of various outcomes in a process that cannot easily be predicted due to the intervention of random variables.

External Complexity

Factors outside a project or organization that add difficulty to managing or completing tasks, such as regulatory changes or market volatility.