What Will a Decision to Run a Lower Budget Deficit

question 67

Multiple Choice

What will a decision to run a lower budget deficit (or larger budget surplus) lead to?

• A)higher output in the short run and higher growth in the long run
• B)lower output in the short run and higher growth in the long run
• C)lower output in the short run and lower growth in the long run
• D)higher output in the short run and lower growth in the long run

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Definitions:

Legally Recognized

Officially acknowledged by law or the government as valid or having a specific status.

Same-Sex Couple

Two individuals of the same gender who are in a romantic relationship and may be cohabiting, engaged, married, or in a civil partnership.

Criminal Prosecution

The legal process by which a person accused of a crime is judged in a court and, if found guilty, is punished.

Criminal Intent

Refers to the intention to commit a crime or knowing involvement in an illegal act, an essential component for establishing guilt in many criminal offenses.