Which of the Following Is Not Part of a Cyclically-Balanced-Budget

question 23

Multiple Choice

Which of the following is not part of a cyclically-balanced-budget fiscal policy?

• A)Budget deficits in periods of a recessionary gap.
• B)Budget surpluses in periods of an inflationary gap.
• C)A balanced budget over the life of the business cycle.
• D)Budget deficits during expansionary phases.

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Definitions:

Random Order

An arrangement or sequence of items where each item's position is determined by chance, ensuring no predetermined pattern.

Probability

The degree of likelihood or chance that a specific outcome will take place.

Men

Adult human males.

Three Children

Often used in demographics or studies, it refers to family units or scenarios involving three offspring.