Since 1940 the US Government has generally had a budget:
A) surplus.
B) that has been balanced
C) multiplier.
D) deficit.
Correct Answer:
Verified
Q93: When economists express the deficit, they generally
Q94: Ricardian equivalence predicts:
A) that if governments cut
Q95: If Ricardian equivalence holds, one way to
Q96: A budget deficit is the:
A) amount of
Q97: The idea that if governments cut taxes
Q99: When the U.S. economy hits a recession,
Q100: In a booming economy, discretionary fiscal policy:
A)
Q101: Economists usually suggest that the best way
Q102: During a recession, government deficits can grow
Q103: If interest rates increase, the government debt
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