An Annually Balanced Federal Budget

An annually balanced federal budget

A) enables fiscal policy to be implemented in a timely and selective manner,without the drag on consumption and saving that is usually associated with federal borrowing.
B) essentially eliminates the use of fiscal policy for stabilizing the economy.
C) could bring the economy up to full employment if a deflationary GDP gap exists.
D) would reduce tax collections,thereby stimulating aggregate demanD.
E) would disrupt credit markets,making it difficult for the Treasury to sell bonds,bills,and notes.