A Cyclically-Balanced Budget Philosophy Involves All,except One,of the Following

question 143

Multiple Choice

A cyclically-balanced budget philosophy involves all,except one,of the following.Which is the exception?

• A)It aims to balance the budget over the life of the business cycle.
• B)It requires that governments spend more at times and less at other times.
• C)It calls for budget deficits when there is recession and budget surpluses when there is an inflationary gap.
• D)It implies that a government balances its budget in each year.

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Definitions:

Blood

A vital fluid in humans and other animals that delivers necessary substances such as nutrients and oxygen to the cells and transports metabolic waste products away from those same cells.

Diapedesis

The squeezing of a cell through a blood vessel wall.

WBCs

White blood cells, which are part of the immune system and help the body fight infections and other diseases.

Globulins

Plasma proteins that transport lipids and some vitamins.