Are Budget Deficits Purely the Result of Partisan Ideology in the U.S.government

question 81

Multiple Choice

Are budget deficits purely the result of partisan ideology in the U.S.government?

• A) Yes,only Democratically controlled governments have produced deficits.
• B) Yes,only Republican-controlled governments have produced deficits.
• C) No,the only deficits were produced as a result of gridlock in a divided government.
• D) No,the only budget surpluses were produced during single-party control.
• E) No,the government has historically produced deficits regardless of the partisan makeup of the government.

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Definitions:

IRR

Internal Rate of Return, the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Mutually Exclusive

Situations or choices where the acceptance or selection of one necessarily excludes the other(s).

Value Foregone

The benefit given up by choosing one investment or action over another alternative; essentially the opportunity cost of a decision.

IRR

The Internal Rate of Return is a financial measure utilized to calculate the expected profit of prospective investments.