A Major Problem with the Implementation of an Annually Balanced

question 149

Multiple Choice

A major problem with the implementation of an annually balanced budget is that it:

• A)allows the national debt to burgeon with chronic deficits.
• B)relies upon government officials to budget for surpluses during economic booms in order to cover deficits during recessions.
• C)requires annual revenues to match with outlays even during times of war,when there is a sudden increase in military expenditures.
• D)magnifies the fluctuations in the business cycle.
• E)dampens swings in the business cycle.

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Definitions:

Environmental Quality

The state or condition of the environment based on various factors, including pollution levels, cleanliness, and the presence of healthy ecosystems.

Algal Blooms

A rapid increase in the population of algae in water systems, often resulting in water discoloration and depletion of oxygen levels.

Lake Victoria

is one of the largest freshwater lakes in the world, located in East Africa and serving as a crucial resource for millions of people.

Turbid Water

Water that contains suspended solids causing it to appear cloudy or murky, often a sign of pollution or sediment disturbance.