Most Economists Oppose an Annually Balanced Budget Because It Would

question 205

True/False

Most economists oppose an annually balanced budget because it would undermine automatic stabilizers.

---

Definitions:

Unpaid Alimony

Financial support that one spouse is legally obligated to provide to the other after divorce or separation but has not been paid.

Repossess

The act of taking back possession of property by a seller or lender from the buyer or borrower, typically due to failure to meet payment or other terms.

Discharge

The release or dismissal of an individual from an obligation, duty, or debt.

Bankruptcy Administrative

Pertaining to the administrative process involved in handling the affairs of an individual or business declared bankrupt, including management of assets and debts.