An Annually Balanced Budget _____

question 141

Multiple Choice

An annually balanced budget _____

• A) is the surest path to economic stability.
• B) is mandated by the U.S. Constitution.
• C) dampens cyclical swings by decreasing government spending during expansions and increasing it during recessions.
• D) accentuates cyclical swings by increasing government spending during expansions and reducing it during recessions.
• E) is a goal that has only been achieved twice in the past 5 years.

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Definitions:

Replacement Reproduction

Population in which each person is replaced by only one child.

Zero Population Growth

No growth in population size.

Births Equals Deaths

A demographic state where the number of births in a population is equal to the number of deaths, resulting in zero population growth.

Demographic Transition

The transition from high birth and death rates to lower birth and death rates as a country or region develops from a pre-industrial to an industrialized economic system.