Multiple Choice
If there was a federal budget surplus it would make it possible to
A) reduce the national debt.
B) increase spending on priorities.
C) decrease taxes in order to improve the equity and efficiency of the tax system.
D) any of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q75: President Obama's 2009 stimulus package greatly increased
Q76: When the government prints more money to
Q77: A flat tax which does not allow
Q78: Suppose the actual budget deficit remains unchanged
Q79: Automatic stabilizers dampen economic fluctuations during recessions
Q81: A constitutional balanced budget amendment would<br>A) require
Q82: The standard way to measure the effect
Q83: Suppose the government's initial debt is $350
Q84: The burdens of the national debt generally
Q85: In the year _, for the first