The debt of state and local government is mostly an external debt.
The financial obligations of the government sector are known as a nation’s gross government debt, often known as public debt or sovereign debt Government borrowing over time is mostly due to prior shortfalls in the budget. When a government’s expenses exceed its receipts, a deficit results. Both domestic and foreign residents may be subject to government debt.
Public debt management is the process of creating and implementing a strategy for managing the government's debt to raise the required amount of funding, and meet other goals of government.
Global government debt in 2020 was estimated to be worth $87.4 US trillion, The percentage of government debt in total debt (which includes corporate and family debt) reached its highest level since the 1960s, close to 40%.
To learn more about public debt , refer this link.
brainly.com/question/2902349
#SPJ4
Solution :
In the context, it is given Alex and J.J. both are applying for a job openings in a law firm at Chicago. Both of them got the job offer but J.J. got lower salary than Alex. The salaries are different for both J.J and Alex. Some of the possible explanations for the difference in salaries that may be related to some scenarios are :
- Alex went to higher tier law school ---- difference in education
- J.J. is reentering the workforce after two years away --- difference in experiences.
- Alex will be working with a notoriously difficult boss --- compensating differentials.
- Alex is a man and J.J. Is a woman --- economic discrimination.
Answer:
d. buyers will make purchases from other sellers
Explanation:
In the perfect competition structure producers have no power to change prices, as goods are homogeneous. Thus, since products are the same, if the producer raises the price, consumers will consume with other sellers.
Answer: $246,400
Explanation:
Qualified residence indebtedness refers to the mortgage that's taken to purchase or improve on one's main home.
Based on the information given above, the on the $246,400 of the first and second mortgage is treated as qualified residence indebtedness.
Answer:
The correct answer is the option A: social marketing.
Explanation:
To begin with, the concept called <em>''social marketing''</em>, in the world of business, refers to the process of implementing the marketing mix strategies to the organization with the purpose of focusing and caring about the good of the community as a whole. Moreover, it also benefits the company due to the fact that it shows a great corporate social responsibility. Furthermore, it aims to influence behaviors that benefit individuals and societies for the greater social good.
