Which Statement Best Explains Why Budget Deficits Are Common in Advanced

question 5

Multiple Choice

Which statement best explains why budget deficits are common in advanced democracies?

• A)The checks and balances system makes compromise on budgets necessary.
• B)Legislatures allows the executive branch to take the lead in writing the budget.
• C)Legislators approve spending in excess of revenues to benefit their constituents.
• D)The voting public tends to discount the negative impact of a large national debt.

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Definitions:

Adolescent

A young person in the transitional stage of physical and psychological development from puberty to adulthood.

Basic Strength

Fundamental qualities or abilities that form the foundation of one's character or physical capabilities.

Ego Integrity

A sense of wholeness and fulfillment that Erikson described as the final developmental task in his theory, achieved in late adulthood.

Despair

A feeling of utter hopelessness, typically one of the later stages in Erikson's theory of psychosocial development, occurring in old age.