The Standard View of the Budget Deficit Is That It

question 49

Multiple Choice

The standard view of the budget deficit is that it:

• A)increases the GDP in the long run.
• B)reduces investment.
• C)increases the capital stock in the long run.
• D)all of the above.

---

Definitions:

Information And Evaluation

This involves the process of gathering data and assessing its relevance and quality to inform decision-making.

Well-Learned Responses

Reactions or behaviors that have been practiced and reinforced over time, becoming automatic or habitual.

Social Loafing

is the phenomenon where individuals exert less effort to achieve a goal when they work in a group compared to when they work alone.

Well-Learned Responses

Behaviors that have become automatic or habitual through repeated practice or reinforcement.