Which of the Following Has Been Advanced as a Legitimate

question 11

Multiple Choice

Which of the following has been advanced as a legitimate reason for federal budget deficits?

• A)Both c and d are legitimate reasons for government budget deficits.
• B)All of the following.
• C)Deficits help reduce the size and duration of recessions through the automatic stabilizers.
• D)Deficits have been used to finance capital projects.
• E)If the government had to fund all of its programs with tax revenues,the programs wouldn't get funded.

---

Definitions:

Administration

In a business context, it refers to the process of managing and operating a business or organization; in a legal context, it could refer to managing the estate of a deceased person.

Equitable Title

A right to receive legal title to property upon fulfilling specific conditions, often related to contracts or trusts.

Beneficiary

An individual or entity entitled to benefits or assets under a legal instrument or arrangement, such as a trust or will.

Legal Title

Refers to the formal right of ownership over property, recognized and protected by law.