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The Projections by the Congressional Budget Office and the Office

Question 42

Multiple Choice

The projections by the Congressional Budget Office and the Office of Management and Budget for deficits are


A) usually right on target even ten years out into the future.
B) typically off target even though most of what affects the deficit is easily forecast.
C) typically off target because most of what affects the deficit is not easily forecast.
D) always too low suggesting that both are using wishful thinking rather than analysis.

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