In a macroeconomic context, what are implicit liabilities? Money owed to people possessing government issued bonds. The amount of money that firms collectively owe to shareholders. Money that the government has promised to pay in the future. Payments that the Federal Government undertakes only during periods of recession.

Money that the government has promised to pay in the future

Explanation:

Implicit liabilities are the money that the government has promised to pay in the future. It should be noted that the implicit liabilities are not included in the debt statistics

These liabilities are a burden in the government which the citizen expects them to oblige. Examples of implicit liabilities are social security benefits, health insurance, etc.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20