In the Long Run,larger Budget Deficits Lead to ________

question 1

Multiple Choice

In the long run,larger budget deficits lead to ________.

• A)higher saving levels
• B)a fall in investment
• C)lower interest rates
• D)all of the above
• E)none of the above

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Definitions:

Constitution

The system of fundamental principles or established precedents according to which a state or other organization is governed.

Dividends Payable

represents a company's obligation to pay its shareholders a declared amount from its earnings.

Liability

A financial obligation or amount owed by a business or individual to others, which must be settled in the future.

Goodwill

An intangible asset that arises when a business is purchased for more than the fair value of its net identifiable assets.