During the 2000s,the Federal government's deficit rose because of
A) large tax cut in 2001 and 2004..
B) large increases in government spending.
C) increases in both the cyclical and structural deficits.
D) a recession in 2001.
E) all of the above.
Correct Answer:
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Q34: A deficit-financed tax cut will _ national
Q35: Based on current budget projections,in the U.S.over
Q36: Measuring the size of future government deficits
Q37: Which of the following statements is (are)correct?
A)Rational
Q38: Advocates of the public-choice view argue that
Q39: In the IS-LM model,when government spending and
Q40: From the net tax function: T =
Q41: High budget deficits may:
A)encourage overly expansionary fiscal
Q43: Assume that the total deficit is $100
Q44: During a recession the:
A)actual budget deficit is
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