A Soft Budget Constraint Applies When Enterprises That Earn Profits

question 68

True/False

A soft budget constraint applies when enterprises that earn profits distribute those profits to their private owners.

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Definitions:

Transitions

The process or period of changing from one state or condition to another in life, work, or environment.

Single-Parent Household

A household in which one parent is responsible for raising child(ren) without the presence of a spouse or partner.

Family Function

The roles and operations within a family unit, including emotional support, socioeconomic provision, and upbringing of children.