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The Dedication of Large Amounts of Revenue to Specific Purposes

question 7

True/False

The dedication of large amounts of revenue to specific purposes in the current constitution has made it increasingly difficult for lawmakers to address changing state needs.


Definitions:

National Debt

The total amount of money that a country's government has borrowed, typically as a result of budget deficits.

Budget Surpluses

occur when a government's revenues exceed its expenditures during a specific period of time.

U.S. Government

The federal government of the United States, consisting of three branches: legislative, executive, and judicial.

Crowding-Out Effect

A situation where increased government spending leads to reduced investment in the private sector, typically because of higher interest rates or the use of available financial resources.

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