Economists Who Argue That the Government Need Not Balance Its

question 3

Multiple Choice

Economists who argue that the government need not balance its budget make all of the following arguments except which one?

• A) Budget deficits increase future growth because they transfer wealth from the present generation to future generations.
• B) As long as the budget deficit is used to finance investment spending rather than current government spending then a budget deficit is quite acceptable.
• C) Budget deficits will not become an increasing burden as long as they do not grow more quickly than a nation's nominal income.
• D) Cutting the budget deficit means the tax burden on future generations can be lower; but if the deficit reduction is achieved by reducing spending on public services such as education then it may mean that younger generations have lower productivity, and so lower incomes, than would otherwise have been the case.

---

Definitions:

Last Minute

Referring to actions or events that occur just before a deadline or scheduled time, often associated with urgency or haste.

Structured Slides

Structured slides are presentation slides organized in a clear, logical manner, often following a specific format to enhance audience understanding.

Free-form Slides

Presentation slides designed without a strict structure, allowing for more creative and flexible content arrangement.

Design Consistency

The uniformity in style, formatting, and appearance across multiple components of a project or multiple projects to enhance user experience and brand recognition.