Which of the Following Statements in Relation to the Australian

question 71

Multiple Choice

Which of the following statements in relation to the Australian Commonwealth government's borrowing programs is incorrect?

• A) The early 1990s saw an increase in debt issues to fund the budget deficits at that time.
• B) The government tends to fund short-term liquidity requirements with the issue of Treasury notes.
• C) When government income exceeds forecast expenditures, the resulting deficit tends to be funded by short-term debt.
• D) Fiscal constraint by successive Australian governments for the second part of the 1990s brought the government budgets back into surplus until recently.

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Definitions:

Creative Best

The highest level of creativity and innovation an individual or group can achieve.

Creative Self-efficacy

An individual's belief in their own ability to produce new and useful ideas.

Multicultural Experiences

Engagements or interactions which involve or are derived from several different cultures, enhancing understanding and appreciation of diversity.

Unconventional Thinking

A non-traditional or creative approach to problem-solving and idea generation.