A functional finance economist would advocate doing nothing if:
A) the federal deficit was $1 trillion, economic growth was 4%, and inflation was zero.
B) the federal deficit was $1 trillion, economic growth was 4%, and inflation was 10%.
C) the budget was balanced, economic growth was 1%, and inflation was 3%.
D) the federal surplus was $1 trillion, economic growth was 1%, and inflation was 3%.
Correct Answer:
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