A Major Problem with the Implementation of an Annually Balanced

question 115

Multiple Choice

A major problem with the implementation of an annually balanced budget is that it _____

• A) allows the national debt to burgeon with chronic deficits.
• B) relies on government officials to budget for surpluses during economic booms in order to cover deficits during recessions.
• C) requires annual revenues to match with outlays even during times of war, when there is a sudden increase in military expenditures.
• D) magnifies fluctuations in the business cycle.
• E) dampens swings in the business cycle.

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Definitions:

Growth Infancy

The rapid physical and developmental changes that occur in human babies from birth to the end of the first year of life.

Attractive Faces

A subjective assessment that often prioritizes facial symmetry, proportion, and other traits believed to be indicators of health or fertility.

Farsighted

The ability to anticipate and plan for the future with insight.

Iron-enriched Cereal

A type of breakfast cereal that has been fortified with additional iron to help in preventing iron deficiency.