A Budget Philosophy Using Fiscal Policy to Achieve the Economy's

question 67

Multiple Choice

A budget philosophy using fiscal policy to achieve the economy's potential GDP,rather than balancing budgets either annually or over the business cycle,is termed:

• A)budget finance.
• B)functional finance.
• C)crowding out.
• D)crowding in.
• E)deficit finance.

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Definitions:

Vomiting

The forceful expulsion of stomach contents through the mouth, often resulting from nausea or illness.

-Globin

A suffix referring to a group of proteins, such as hemoglobin, that contain heme and bind or transport oxygen.

Protein

Large biomolecules consisting of one or more long chains of amino acid residues, crucial for biological processes.

Hernia

A condition characterized by the protrusion of an organ through the wall of the cavity that normally contains it, often causing pain and swelling.