The cyclically balanced budget:
A) is not easy to implement,because it is difficult to plan to balance the surpluses and deficits over a span of years.
B) is mandated by federal law to be the responsibility of Congress.
C) has political support because it is easy to cut spending and raise taxes.
D) occurs over a period of 5 years.
Correct Answer:
Verified
Q124: One characteristic of an annually balanced federal
Q132: In what year did the United States
Q143: _ is the total accumulation of past
Q144: _ is the amount by which annual
Q149: The notion of functional finance says that:
A)
Q152: As market interest rates rise, the cost
Q156: The U.S. public debt fell during the
Q177: The _ is the sum of past
Q191: Which of the following is NOT a
Q330: Which factor is primarily responsible for the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents