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Balancing the Federal Budget Over the Business Cycle Requires

Question 134

Multiple Choice

Balancing the federal budget over the business cycle requires


A) deficits incurred during economic slumps that are offset by surpluses during economic booms.
B) raising taxes and cutting spending during stagflation.
C) rapid increases in the national debt during national emergencies.
D) matching deficits and surpluses each time Earth orbits the sun.
E) that the national debt grow only as fast as GDP grows.

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