Implicit liabilities pose future hardship on economies because: they are essentially debts not counted towards debt statistics. implicit liabilities as a percentage of GDP will increase. the ratio of recipients to those funding programs considered implicit liabilities will grow. All of the following identify future problems of implicit liabilities.
Implicit liabilities pose future hardship on economies because: they are essentially debts not counted towards debt statistics. implicit liabilities as a percentage of GDP will increase. the ratio of recipients to those funding programs considered implicit liabilities will grow. All of the following identify future problems of implicit liabilities.
Chapter10: Consumer Choice Theory
Section: Chapter Questions
Problem 15P
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![Implicit liabilities pose future hardship on economies because:
O they are essentially debts not counted towards debt statistics.
implicit liabilities as a percentage of GDP will increase.
the ratio of recipients to those funding programs considered implicit liabilities will grow.
All of the following identify future problems of implicit liabilities.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fad2c856b-27b5-415f-811d-16c5c7a8b2e4%2F8dddcd6b-c6f4-4b12-9346-7b7591059d7e%2F3oj88wo_processed.png&w=3840&q=75)
Transcribed Image Text:Implicit liabilities pose future hardship on economies because:
O they are essentially debts not counted towards debt statistics.
implicit liabilities as a percentage of GDP will increase.
the ratio of recipients to those funding programs considered implicit liabilities will grow.
All of the following identify future problems of implicit liabilities.
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