Business, 12.12.2020 15:50 spearjj

YALLL HEL
In what ways would a balanced budget amendment affect mandatory spending ?

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Answer from: electrofy456

i hope it helps you :)

Explanation:

A balanced budget amendment is a constitutional rule requiring that a state cannot spend more than its income. It requires a balance between the projected receipts and expenditures of the government. ... The Republican Party has advocated for the introduction of a balanced budget amendment to the U.S. Constitution.

Answer from: sumayyahjj

To answer this question, we must first understand that this would mean the US or a state is not allowed to spend more than its income. This means that the answer to this question is situational. Typically a balanced budget amendment would be used if a state or country seems like it is about to go into debt due to overspending; thus if you apply this information to the US's situation, then you will get your answer. This answer would most likely be that the US does not need to pass a balanced budget amendment since it doesn't seem to be showing signs of becoming in debt.

Answer from: Quest

the answer is b. the events might happen and are based on crimes.

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

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