Enron's complex financial statements were confusing to shareholders and analysts. Its complex business model and unethical practices required that the company use limitations to misrepresents earnings and modify the balance sheet to indicate favorable performance. the combination of these issues later resulted to bankruptcy.
Deficit spending is government spending, in excess of revenue, of funds raised by borrowing rather than taxation. Kennedy supported it to increase growth and create more jobs.
Answer:
B) True.
Explanation:
America's first government was inadequately prepared and weak for a number of reasons.
Firstly, the U.S. government could not print money, and when they could, the US currency was useless outside of the United States.
Secondly, the U.S. could not impose taxes in a federal level for fear of public outcry, especially as they had just broken away from Great Britain for the very reason of taxes. This meant that the U.S. government had no funds for any governmental actions.
Thirdly, the federal government had no foreign relations powers. Each state individually made trade deals and alliances with different nations, independent on each other.
Fourthly, the U.S. was not able to make good on their war debts and promises to investors, both at home and also foreigners.
Answer: It is the third option, the Democratic party.
