In Which Instance Would It Be Most Desirable for Government

question 80

Multiple Choice

In which instance would it be most desirable for government to borrow?

• A) Government incurs a deficit to purchase farm surpluses.
• B) Government incurs a deficit to pay Social Security benefits.
• C) Government incurs a deficit to pay welfare benefits.
• D) Government incurs a deficit to construct a new highway system.

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Definitions:

Sources of Law

The origins from which laws are derived, including constitutions, statutes, regulations, and court decisions.

Sales Contracts

Legal agreements that define the terms of sale of goods or services from a seller to a buyer.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, designed to standardize laws across states and simplify the legal aspects of buying and selling goods.

Ex-Ship

A shipping term indicating the seller's responsibility ends when the goods are made available to the buyer on board the ship at the destination port.