What Is the Main Argument Put Forward by Economists Who

question 13

Multiple Choice

What is the main argument put forward by economists who are in favour of reducing the US budget deficit now and quickly?

• A) The quick action instills credibility and helps to stabilise the interest rate.
• B) The quick action instills credibility and helps to stabilise the bond rate.
• C) The quick action instills credibility and helps to stabilise the level of debt.
• D) The quick action instills credibility and helps to stabilise the current account.
• E) The quick action instills credibility and helps to stabilise the exchange rate.