An Annually Balanced Budget

question 124

Multiple Choice

An annually balanced budget

• A)is the same as a cyclically balanced budget.
• B)is opposed by many economists because it would require cutting spending and raising taxes during recession,which might very well produce a depression.
• C)requires a constitutional amendment.
• D)requires the Congress and the President to approve special legislation authorizing the balanced budget.
• E)is advocated by Keynesians.

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Definitions:

Perception

The method of arranging and understanding sensory data, allowing us to identify significant objects and occurrences.

Ability

A person's level of competence in or aptitude for a particular task or range of tasks.

Clairvoyance

The claimed ability to gain information about an object, person, location, or physical event through extrasensory perception.

Telepathy

The alleged transmission of ideas or thoughts through channels beyond the traditional senses.