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.