Most Mainstream Macroeconomists Oppose a Strict Requirement to Balance the Federal

question 147

Multiple Choice

Most mainstream macroeconomists oppose a strict requirement to balance the federal budget annually because they conclude that such a requirement would

• A)increase real interest rates and drive out investment spending.
• B)eliminate monetary policy as a stabilization tool.
• C)force government to undertake expansionary fiscal policy during inflation and contractionary fiscal policy during recession.
• D)expand the size of the federal government.

---

Definitions:

Drew a Blank

describes the moment when an individual is unable to recall information or think of an answer suddenly.

Important Exam

A test or assessment that has significant consequences for a person's academic or professional career.

Remembered

The act of recalling or retrieving information or experiences from one's past.

Three-Stage Model

A psychological model that describes memory as consisting of three stages: sensory memory, short-term memory, and long-term memory.