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:

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