Which of the Following Is an Argument in Favor of a Balanced

question 278

Multiple Choice

Which of the following is an argument in favor of a balanced budget rule?

• A)Some economists believe that rules are better than discretion.
• B)Per-capita debt is small relative to lifetime income.
• C)The effect of deficit spending on future generations depends in part on what the government buys.
• D)Other government policies also redistribute income across generations.

---

Definitions:

Psychological Egoism

The hypothesis positing that people are consistently driven by their own self-interest, even when their actions appear to be altruistic.

Ethical Egoism

A moral philosophy that posits individuals should act in ways that serve their own self-interest.

Ancient Societies

Civilizations or cultures that existed in the distant past, often characterized by their contributions to history, art, and knowledge.

True Altruism

The act of selflessly helping others with no expectation of reciprocation or benefit to oneself.