Using the Continuous-Debt Method of Setting Your Debt Limit,you Should

question 82

Multiple Choice

Using the continuous-debt method of setting your debt limit,you should be able get completely out of debt (other than your mortgage) at least once every ____ years

• A)2
• B)4
• C)6
• D)8

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Definitions:

Discretionary Fiscal Policy

Economic policies based on government spending and taxation decisions that are used to influence macroeconomic conditions, including aggregate demand, employment, and inflation.

Reagan Administration

The period of United States government from 1981 to 1989 when Ronald Reagan served as the President.

Fiscal Policy

Government policies regarding taxation and spending to influence the economy.

Taxes

Required fiscal contributions or alternative kinds of dues enforced on taxpayers by governmental bodies aimed at raising funds for government activities and diverse public expenses.