When Budget Deficits During Recessions Are Covered by Budget Surpluses

question 120

Multiple Choice

When budget deficits during recessions are covered by budget surpluses during expansions,it is called:

• A)an annually balanced budget.
• B)a cyclically balanced budget.
• C)crowding out.
• D)crowding in.
• E)a biennial balanced budget.

---

Definitions:

Webpage

An individual document or single entity on the World Wide Web, which can be accessed through a web browser by entering a specific URL.

Placeholder Text

Typically used in design and publishing, it is dummy text inserted into a document or visual layout to help indicate where actual text will later be placed.

Template

A pre-designed framework or layout that can be used as a starting point to create new documents or projects, ensuring consistency and saving time.

PDF File

A file format developed by Adobe Systems used for creating, viewing, and distributing documents that preserve the original layout.