Examlex
Which of the following impacts would economists expect to result from chronic budget deficits?
Operating Leases
Provides for both financing and maintenance. Generally, the operating lease contract is written for a period considerably shorter than the expected life of the leased equipment and contains a cancellation clause; sometimes called a service lease.
Maintenance
Maintenance involves the actions taken to keep equipment, buildings, or software operating efficiently or to repair it to optimal functioning state.
Full Amortization
A loan repayment plan in which regular payments are made over the loan term, completely paying off both interest and principal by the end.
Penalties
Financial charges or other forms of punishment imposed on an entity for breaking rules, regulations, or agreements.
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