One generally recognized problem of large government budgetary deficits is
A) that they crowd out private investment and lower U.S. exports.
B) that the debt is primarily "owed to ourselves."
C) the burden any current government borrowing inevitably imposes on future generations.
D) the recessions that such government deficits simultaneously cause.
E) the addition to our country's productive capacity as a result of the deficits.
Correct Answer:
Verified
Q15: If government revenues fall short of expenditures,the
Q16: The phenomenon of a government deficit accompanied
Q17: Q18: The ways the federal government can finance Q19: A budget deficit has its inflationary impact Q21: According to the textbook discussion,the principal way Q22: An excess of government expenditures over tax Q23: A government budget deficit![]()
A) is more inflationary
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents