The Notion of Functional Finance Says That

Multiple Choice

The notion of functional finance says that:

A) the economic function of the President is to maintain a balanced budget.
B) the government should not focus on any deficits or surpluses caused by the budget but instead focus on maintaining the economy at full employment.
C) the government should function as a financial leader in the economy.
D) the government's budget should always be balanced over the course of the business cycle.