Which of the Following Is True of an Annually Balanced

question 22

Multiple Choice

Which of the following is true of an annually balanced federal budget?

• A)Most economists agree that the federal government should balance its budget just as each household does.
• B)Such a policy would require the government to increase its spending when tax receipts decrease.
• C)Such a policy became popular between the 1930s and 1960s.
• D)Such a policy guarantees that the economy is its potential level.
• E)Such a policy could worsen a contractionary gap.

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