Which of the following statements is False?
A) The case for lowering taxes with a budget surplus is stronger if the economy is at less than full employment.
B) Sustained budget deficits will produce sustained annual reductions in domestic investment.
C) Older generations have a greater stake in reducing the national debt than younger generations.
D) It would takes several years before the benefits of a reduced national debt would be felt by Americans.
Correct Answer:
Verified
Q41: In general, economists are more concerned about:
A)
Q42: Suppose the economy is currently at full
Q43: Which of the following is the most
Q44: Which of the following statements is correct?
A)
Q45: Suppose the government finances a budget deficit
Q47: Financing a deficit by increasing government spending
Q48: The increase in the portion of the
Q49: The assertion that large budget deficits have
Q50: The national debt is defined as:
A) the
Q51: In the long run a budget deficit
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