Most Economists Do Not Support a Law That Requires the Federal

question 47

Essay

Most economists do not support a law that requires the federal budget to be balanced every year. Explain why.

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Definitions:

Apprehension

A feeling of anxiety or fear that something bad or unpleasant will happen, often involving concern about future events or situations.

Fear

Fear is an emotional response to perceived threats or danger, which can trigger a variety of physical and psychological reactions.

Terror

An intense fear or anxiety that can be caused by perceived threats or actual events, often leading to significant psychological stress.

Cannon-Bard Theory

A theory of emotion that argues that physiological arousal and emotional experience occur simultaneously but independently.