Answered: Which of the following is not a…

Which of the following is not a characteristic of a capital expenditure, for the purposes of government budgeting? a. recurring nature b. large price tag c. long life d. intergenerational equity

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Six Debates Over Macroeconomic Policy

Section18.6: Should The Tax Laws Be Reformed To Encourage Saving?

Problem 6QQ

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Question

Which of the following is not a characteristic of a capital expenditure, for the purposes of government budgeting?

recurring nature

large price tag

long life

intergenerational equity

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