A Disadvantage of Having an Annually Balanced Budget Is That

question 136

Multiple Choice

A disadvantage of having an annually balanced budget is that government spending would have to

• A)increase in recessions and decrease during expansions
• B)decline during a recession to offset the increase in tax revenues
• C)rise during a recession to match the increase in tax revenues
• D)rise during an expansion to offset the decline in tax revenues
• E)decline in a recession to match the decrease in tax revenues

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Definitions:

Individual Behaviours

Individual Behaviours refer to the actions and reactions of an individual in various situations, influenced by their character, emotions, and external factors.

Sustainable Change

Changes made in an organization or system that are designed to be long-lasting and continuously relevant, often with an emphasis on environmental, social, and economic sustainability.

Organizational Change

A process in which a company or organization undergoes a significant transformation, involving a change in processes, strategies, structures, and/or culture.

Individual Level

Pertaining to a single person or entity, often in contrast to groups or larger systems.