It Is Desirable for the Federal Government to Borrow, Provided

question 24

True/False

It is desirable for the federal government to borrow, provided that the money is spent on projects that yield a flow of future benefits sufficient to repay the loan.

---

Definitions:

Nonindustrialized Countries

Countries that are less economically developed and not yet significantly involved in industrial processes.

Immaturity

denotes a lack of full development, whether in a biological, psychological, or emotional capacity.

Risky Behavior

Actions or behaviors that can potentially lead to harm or negative consequences for oneself or others.

FSH

Follicle-stimulating hormone, a gonadotropic hormone produced by the anterior pituitary gland that promotes the growth of ovarian follicles in females and spermatogenesis in males.