Which of the Following Statements Best Illustrates a Cyclically Balanced-Budget

question 114

Multiple Choice

Which of the following statements best illustrates a cyclically balanced-budget fiscal policy?

• A)The budget should be balanced each budget year.
• B)The budget should always balance.
• C)The life of the business cycle is the appropriate time period to attempt to balance the budget.
• D)Fiscal policy really has nothing to do with the budget.
• E)A balanced budget is the only appropriate fiscal policy.

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Definitions:

Phi Phenomenon

A visual illusion in which stationary objects shown in rapid succession, such as in a motion picture, appear to be moving.

Stroboscopic Motion

Perceived motion created by the rapid presentation of static images in sequence, similar to how motion pictures work.

Autokinetic Illusion

A visual phenomenon where a stationary point of light in a dark environment appears to move because of involuntary eye movements.

Texture Gradient

A depth cue based on the gradual reduction of detail that occurs in surfaces as they recede from the observer, used in perception to judge distances.