Which of the following is not a characteristic of a capital expenditure, for the purposes of government budgeting? a. recurring nature b. large price tag c. long life d. intergenerational equity
Which of the following is not a characteristic of a capital expenditure, for the purposes of government budgeting? a. recurring nature b. large price tag c. long life d. intergenerational equity
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Six Debates Over Macroeconomic Policy
Section18.6: Should The Tax Laws Be Reformed To Encourage Saving?
Problem 6QQ
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Which of the following is not a characteristic of a capital expenditure, for the purposes of government budgeting?
a.
recurring nature
b.
large price tag
c.
long life
d.
intergenerational equity
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