When (If at All) Are Budget Deficits Inflationary

question 39

Multiple Choice

When (if at all) are budget deficits inflationary?

• A)When AS is perfectly horizontal
• B)When AS has a very steep slope
• C)When AS has a downward slope
• D)When AS intersects AD

---

Definitions:

Biological Psychologists

Scientists who study the biological underpinnings of thoughts, emotions, and behaviors, focusing on brain structures, chemicals, and processes.

Developmental

Pertaining to the process of growth and change in humans across the lifespan, including physical, cognitive, and social-emotional development.

Cognitive

Pertaining to mental processes such as thinking, knowing, remembering, and problem-solving.

Evolutionary Psychologist

A professional who studies how evolutionary principles help explain the structure and function of the human mind.