National debt is the total amount amount of money that a government has borrowed. National deficit is total of all previous annual government deficits. Keep in mind that a deficit is the difference between what a government takes in and what it spends. The two are related because when the government is unable to fully repay any debt it has accrued that money becomes a part of the annual national deficit. So as the amount of national debt increases so does the amount of national deficit.
"Trickle-down": supply-side economics creates tax cuts for the wealthy.
Supply-side economics suggests tax cuts for the wealthy. Those tax cuts will be used to create new jobs. New jobs will give more money to the middle-class.
This economic policy makes sense in theory and in some cases the tax cuts resulted in more jobs and higher wages. However, mostly it led to a large gap in wealth as the wealthy kept the money instead of reinvesting in jobs and wages. Eventually as the US moved industry overseas, tax cuts for the wealthy meant the expansion of jobs overseas instead of American jobs. Meanwhile the middle-class pay higher taxes to make up for the loss of taxes from the upper class.
Answer:
An enlightened despot (also called benevolent despot) is an authoritarian leader who exercises his political power according to the principles of the Enlightenment. Historically they were monarchs using enlightened ideas and principles in order to enhance the central government's power.
Explanation:
Hope this helps!
if so... plz mark BRAINLIST
thx!
Dozens of Serbs were convicted of war crimes because they approved the policy of ethnic cleansing in the war. An ethnic cleansing is when a mass killing of people from different ethnicities or religious group is done. The correct answer is B.
George Washington was the first president of the Unite States :) May u get brainlest?
