What Approach to Federal Finance Would You Agree with If

question 103

Multiple Choice

What approach to federal finance would you agree with if you wanted federal government revenues to equal federal government expenditures every year?

• A) annually balanced budget
• B) cyclically balanced budget
• C) functional finance
• D) trade-balanced budget

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Definitions:

Calculator

An electronic or software tool used for performing mathematical calculations, ranging from basic arithmetic to complex functions.

Properties

Fundamental qualities or characteristics that mathematical operations or entities inherently possess.

Logarithms

The level to which a base, usually 10 or e, is raised to generate a particular number.

Condense

In mathematics, to express a complex expression in a simpler form by combining like terms or using mathematical properties.