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Government payback delay

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What happens when the payback is delayed due to a drop in revenue from areas such as taxes?

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Solution Summary

This solution addresses the impact to stakeholders when tax revenue drops.

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Dear Student,

When payback is delayed, all parties involved can be affected. Your question asks about taxes. Taxes are a form of revenue collected by the government. Many stakeholders are dependent on this revenue. For example, entities buy municipal bonds to fund projects such as road constructions, school buildings, and other infrastructure projects. Municipal bonds are sold to ...

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