National debt decreases in a given year when a country has
A) a budget deficit.
B) a balanced budget.
C) a budget supplement.
D) a budget surplus.
E) no discretionary fiscal policy.
Correct Answer:
Verified
Q91: An economic expansion leads to _ needs-tested
Q92: Needs-tested spending is defined as
A)spending by Congress
Q93: An example of automatic fiscal policy is
A)an
Q94: Automatic stabilizers
A)increase the magnitude of the government
Q95: Needs-tested spending is best described as
A)spending on
Q97: During a recession,unemployment compensation payments increase without
Q98: When government outlays are less than tax
Q99: Induced taxes are defined as taxes
A)we are
Q100: Needs-tested spending
A)is directing government spending and taxes
Q101: When the Fed raises the federal funds
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