Federal budget deficits
A) help stabilize the economy during recessions and depressions.
B) depress interest rates.
C) rarely occurred prior to the Reagan Administration.
D) stimulate investment spending by businesses.
E) are always undesirable.
Correct Answer:
Verified
Q137: Governmental assistance to the unemployed
A)was advocated by
Q138: Which of the following best describes what
Q139: When we are running a federal budget
Q140: Which of the following would be a
Q141: Which statement is true?
A)We have a national
Q143: Fiscal policy is
A)periodic fluctuations in the level
Q144: Fiscal year 1996 ran from
A)January 1,1996 to
Q145: If the multiplier is 10,the MPC is
A)0.
B).1.
C).5.
D).9.
E)1.0.
Q146: According to Keynes,if the economy is in
Q147: The national debt is now about
A)$700 million.
B)$9
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