Which of the Following Is Not True

question 154

Multiple Choice

Which of the following is not true?

• A) The federal budget deficit works as a sort of automatic economic stabilizer.
• B) The selling of government securities to pay for a deficit spurs private investment spending.
• C) Tax revenues move in the same direction as the business cycle.
• D) Expenditures on transfer payments move in the opposite direction of the business cycle.

Recognize the economic implications of universal phenomena such as flooding on insurance markets.

Understand the relationship between insurance policy attributes (e.g., deductibles) and consumer behavior.

Evaluate how economic growth impacts businesses across various sectors.

Understand the concept of opportunity cost and how it applies to production choices.

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Definitions:

Historically Dependent

Describes phenomena or entities whose characteristics or current state are heavily influenced by their historical development.

Racial Oppression

The systemic and discriminatory treatment of individuals based on their race that restricts their rights, freedoms, and access to resources and opportunities.

Aberration

A deviation from the norm or what is considered standard, usual, or expected.

Objective Reality

The concept of a reality that exists independently of human thoughts, perceptions, and interpretations, often contrasted with subjective reality.