Examlex
Which statement best explains why budget deficits are common in advanced democracies?
Consumer Decisions
This term refers to the choices made by individuals or groups regarding the consumption of goods and services.
Owned By Government
Refers to assets, enterprises, or entities that are fully or majorly owned and operated by a government.
Henry Ford
Henry Ford was an American industrialist and the founder of the Ford Motor Company, known for revolutionizing the automobile industry through the introduction of mass production techniques.
Pays Wages
The process by which employers compensate their employees for work performed, typically in the form of monetary payment.
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