Answer: True.
A budget deficit occurs when <u>expenditures exceed revenue</u>. The government collects revenue mainly in the form of taxes. If the government spends more in a year than the money it has collected, it has a budget deficit. The difference needs to be obtained by borrowing money, normally in the form of government bonds.
If the government has budget deficits in separate years without being paid off, these start to accumulate. The accumulation of this borrowed money is what is called the national debt.
Answer: The correct answer is : c. Sales taxes and property taxes are the two most important revenue sources for state and local governments.
Explanation: The local and state governments of the United States use various taxes to increase the income needed to cover the required expenses. General sales taxes have historically been the largest source of income for state governments.
<span>Although there were distinctions in the beliefs and implementation of modernization techniques and the growing influence of Western imperialism, China and Japan did agree on one specific component that Western imperialism would be detrimental to their society, economy, and way of life.</span>
The answer is A. growing quickly and becoming more advanced.
Letter A is the correct answer.
Observational learning is the ability to learn by witnessing the behavior, emotions and attitudes of other people. This method of learning comes from Albert Bandura's social learning theory and it suggests that there are four conditions necessary for observing and modeling behavior, such as: attention, retention, reproduction, and motivation.
