Which of the Following Impacts Would Economists Expect to Result

question 43

Multiple Choice

Which of the following impacts would economists expect to result from chronic budget deficits?

• A) greater economic efficiency resulting from the abundance of public goods produced
• B) permanently high levels of output and continued economic growth
• C) greater political control over monetary policy
• D) government control of an inefficiently large share of the economy's resources

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Definitions:

Private Securities Litigation Reform Act

A 1995 United States federal law that increased the standards for initiating securities fraud litigation to protect companies from frivolous lawsuits.

Illegal Conduct

Activities or actions that are forbidden by law, regulations, or statutes.

Public Company Accounting Oversight Board

A nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest.

Public Investors

Individuals or entities that invest in publicly traded securities, such as stocks and bonds, available in financial markets.