Why is governments budget and debt different than household, Management Theories

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Why is governments budget and debt different than household

Question: 1. Answer the following questions about government and deficit.

a. Explain the three distinctive features of government activities according to Heilbroner and Thurow ?

b. Why is government's budget (and debt) different than household budget (and debt) according to Heilbroner and Thurow?

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Management Theories: Why is governments budget and debt different than household

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