In the United States for the year 2012, the federal government had a-------------------- so the national debt was-------------------- .
A) budget surplus; decreasing
B) budget deficit; decreasing
C) budget surplus; increasing
D) budget deficit; increasing
E) balanced budget; not changing
Correct Answer:
Verified
Q79: Automatic stabilizers are defined as
A)actions taken by
Q80: In the labor market, the income tax
Q81: The structural surplus
A)equals the actual surplus plus
Q82: The structural deficit is the deficit
A)caused by
Q83: The actual budget deficit is equal to
Q85: Needs-tested spending is best described as
A)spending on
Q86: There are four limitations to the effectiveness
Q87: The --------------------view says that fiscal stimulus has
Q88: When tax revenues exceed the government's outlays,
Q89: Automatic changes in tax revenues and expenditures
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