When a country borrows money in order to fund public spending is incurring into a deficit situation, because the total amount due exceeds the total income generated in a specific time period. Therefore there is deficit spending.
The interest is the price to be paid for the borrowed funds. It is a percentage applied to the total loan amount (called the principal), accruing a quantity that will have to be repaid, together will the principal, to the lender, following a repayment schedule that is usually predefined.
Answer:
Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Explanation:
D.) Compare prices when you shop.
The last Great Pyramid as defined by most people would be Menkaure's, completed in 2510 bce. It stands at 65 meters/213 feet high. However, if you're defining a Great Pyramid as one built by a pharaoh, then the last one was for the first Pharaoh of the 18th dynasty. This was built by Ahmose I, who died in 1525 bce.
Answer: False
Explanation: The Maryland colony was founded as a religious refuge for Roman Catholics and not Quakers.
Before it was a refuge, the King of England at the time, King Charles the first, granted Lord Baltimore a charter allowing settlement on the East of the Pontomac river in 1632 for commercial purpose. However, before this could be realized, Lord Baltimore died and his son, George Calvert made the colony a refuge for Roman Catholics who were being persecuted in England.
