One Reason for Not Requiring a Balanced Federal Budget at All

question 11

Multiple Choice

One reason for not requiring a balanced federal budget at all times is that with a balanced-budget rule:

• A)expenditures are not limited because, if the government wants to raise expenditures, it just raises taxes.
• B)in a recession the automatic stabilizing powers of our system of taxes and transfers could not work.
• C)the distorting features of the tax system are minimized.
• D)it is possible to shift the burden of a war from current to future generations.

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Definitions:

Film Industry

The sector of the economy dedicated to the production, distribution, and exhibition of films and movies.

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Actors and actresses who gained fame during the era of silent films, before the widespread adoption of synchronized sound in cinema, known for their expressive acting techniques to convey emotion and narrative without dialogue.

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A period marking the early stages of the American film industry, characterized by the establishment of major film studios, the star system, and Hollywood's emergence as the center of film production.