When the Government Has a Deficit, It Will Most Likely

question 103

Multiple Choice

When the government has a deficit, it will most likely finance the deficit by:

• A)cutting the salaries of the president and Congress.
• B)selling some military bases.
• C)borrowing the money.
• D)charging higher admission fees at national parks.

Define and differentiate between commodities and specialized equipment in project management.

Identify the roles, goals, and focuses of project managers.

Recognize the dynamics of project expectations over its lifecycle.

Comprehend the concepts of critical path, total float, and project duration.

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Definitions:

Constituencies

The body of voters or residents in a specified area who are entitled to elect a representative to a legislative or other public body.

Appropriation

The legislative process of allocating funds to specific governmental purposes, projects, or activities.

Department of Transportation

A federal Cabinet department of the U.S. government concerned with transportation, responsible for highways, railroads, aviation, and maritime shipping.

Spending Bill

Legislation proposed and passed by a legislative body that authorizes government spending on specific programs, services, or activities.