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Category > Political Science Posted 17 May 2017 My Price 5.00

A political columnist wrote the following

6.11 A political columnist wrote the following: Today … the main purpose [of government’s issuing bonds] is to let craven politicians launch projects they know the public, at the moment, would rather not fully finance. The tab for these projects will not come due, probably, until after the politicians have long since departed

for greener (excuse the expression) pastures. Do you agree with this commentator’s explanation for why

some government spending is financed through tax receipts and other government spending is financed through borrowing, by issuing bonds? Briefly explain.

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Status NEW Posted 17 May 2017 12:05 PM My Price 5.00

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file 1495024856-Answer.docx preview (132 words )
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