Radicals argue that balancing the federal budget will greatly reduce debt-driven aggregate demand.

Question

Quizplus · Accepted Answer

Radicals would argue that balancing the federal budget may actually harm the economy by reducing government spending and potentially leading to a recession. They may also argue that reducing debt-driven aggregate demand may not necessarily be a desirable outcome if it means decreased consumption and investment in the economy.

Radicals Argue That Balancing the Federal Budget Will Greatly Reduce