Which Statement Does NOT Refer to a Potential Problem Associated

question 25

Multiple Choice

Which statement does NOT refer to a potential problem associated with cyclically balancing the federal budget?

• A) Different phases of the business cycle are not of equal length or severity.
• B) Forecasting the turning point of the economy is very difficult.
• C) Most economists agree that the federal budget should be balanced annually to avoid adding to the deficit.
• D) Politicians find it difficult to cut spending or raise taxes.

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Definitions:

Restatement Test

A method used in legal analysis to determine how a restated principle or law applies to a specific situation or case.

Professional

Pertains to individuals who possess specialized knowledge and skills in a certain field, often requiring formal qualifications.

Work Product

Designed as the material or documents created by someone during the course of their employment or task, particularly those that reflect intellectual effort, creativity, or research.

Securities Law

Laws and regulations governing the issuance, buying, selling, and trading of securities, aimed at protecting investors.