A possible explanation for the persistence of the U.S.federal budget deficits is that:
A) it is easier politically to increase government spending than to decrease taxes.
B) it is easier politically to decrease government spending than to decrease taxes.
C) it is easier politically to increase government spending than to increase taxes.
D) the economy naturally tends toward recessions.
E) the economy naturally tends toward full employment.
Correct Answer:
Verified
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