If the treasurer announces a large,expected budget deficit for the forthcoming year,this is a sign that the government's fiscal stance will be:
A)expansionary.
B)contractionary.
C)neutral.
D)negative.
E)indeterminate.

Question

Quizplus · Accepted Answer

A large, expected budget deficit indicates that the government plans to spend more than it earns in revenue, which is typically a sign of an expansionary fiscal stance aimed at stimulating economic growth.

If the Treasurer Announces a Large,expected Budget Deficit for the Forthcoming