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:

Highly Educated Workers

Individuals who have attained a high level of education, often including university degrees, which typically equips them with specialized skills.

Unskilled Workers

Workers who possess no specific skills or qualifications, and are therefore suited for jobs that require only basic tasks and minimal training.

Import Quota

A legal limit on the quantity of a good that can be imported.

Nontariff Barrier

Any form of restrictive regulation or procedure other than tariffs that countries use to control the amount of trade across their borders, including quotas, embargoes, sanctions, and levies.