Many economists oppose a constitutional amendment that would require a balanced budget for the federal government because it would probably make the business cycle more volatile.

Question

​Many economists oppose a constitutional amendment that would require a balanced budget for the federal government because it would probably make the business cycle more volatile.

Quizplus · Accepted Answer

Economists argue that a balanced budget amendment would limit the government's ability to use fiscal policy to respond to economic downturns, potentially exacerbating recessions and making the business cycle more volatile.

​Many Economists Oppose a Constitutional Amendment That Would Require a Balanced

Many Economists Oppose a Constitutional Amendment That Would Require a Balanced