When Congress Reduces Spending in Order to Balance the Budget,it

question 167

Multiple Choice

When Congress reduces spending in order to balance the budget,it needs to consider

• A)both the short-run effects on aggregate demand and aggregate supply, and the long-run effects on saving and growth.
• B)only the short-run effects on aggregate demand and aggregate supply.
• C)only the long-run effects on saving and growth.
• D)the long-run effects on aggregate demand and aggregate supply.

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Definitions:

Sleep

A naturally recurring state of mind and body characterized by altered consciousness, reduced sensory activity, and inhibited voluntary muscle activity.

Awaken

To emerge from sleep or to become conscious of something.

Bathroom

A room containing a toilet and typically also a sink and either a bathtub or a shower, meant for personal hygiene activities.

Primary Aging

The gradual, inevitable process of bodily deterioration that occurs throughout life, independent of external factors.