Which of the following is NOT correct?
A) Deficits give people the opportunity to consume at the expense of their children, but deficits do not require them to do so.
B) Deficits and surpluses could be used to avoid fluctuations in the tax rate.
C) The only times deficits have increased have been during times of war or economic downturns.
D) Reducing the budget deficit rather than funding more education spending could, all things considered, make future generations worse off.
Correct Answer:
Verified
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