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.
Secession would be the word your looking for
Three main factors that determine poverty are Race/ethnicity, geographic location, and household type. Option D. This is further explained below.
<h3>What is
poverty ?</h3>
Generally, A person is said to be living in poverty when they do not have the standard or socially acceptable quantity of money or material goods. When individuals do not have the resources necessary to meet their fundamental requirements, we speak of them as being poor.
When an individual or group does not have access to the financial resources and basic necessities necessary to maintain a minimal level of life, they are said to be impoverished. When a person's income from work is so low that they are unable to meet their most fundamental necessities, they are said to be living in poverty.
In conclusion, Race or ethnicity, geographic region, and the kind of home people live in are the three primary elements that influence poverty. The D Option
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Answer:
Formal education increases individuals' well-being primarily through their acquisition of skills, both cognitive (e.g. literacy and numeracy) and non-cognitive (e.g. social and organizational skills).
Hey there,
The answer is True.
Hope this helps :))
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