Concerning a balanced budget, all of the following statements are correct EXCEPT
A) a balanced budget does not mean an end to the federal debt.
B) the federal government has rarely balanced its budget during the last 50 years.
C) balanced budgets will result in lower interest rates to all private borrowers.
D) a balanced budget is achieved when all tax receipts equal all spending in a particular year.
Correct Answer:
Verified
Q2: List the factors that should cause a
Q8: Complete the following using the terms listed.
-The
Q15: Complete the following using the terms listed.
-_
Q173: A balanced budget occurs when _.
A) all
Q174: The Canadian population is _.
A) getting older
B)
Q175: _ is a disadvantage in globalization.
A) the
Q176: The federal government raises corporate income tax
Q178: Business borrowing becomes more difficult when _.
A)
Q179: The Bank of Canada slows the growth
Q180: The Bank of Canada reduces the amount
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