Multiple Choice
Suppose the actual budget deficit increases when the economy falls into a recession. This is an indication that
A) monetary policy was not used during the recession.
B) fiscal policy was not used during the recession.
C) monetary policy was used during the recession.
D) fiscal policy was used during the recession.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: Which of the following illustrates a burden
Q28: During the financial crisis of 2008, the
Q29: Monetizing the budget deficit<br>A) leads to increases
Q30: A flat tax which does allow deductions
Q31: The policy of running deficits and only
Q33: If a government had a debt of
Q34: In the United States, the debt burden
Q35: Will consumption taxes lead to more savings?
Q36: Excessive creation of new money to finance
Q37: The government deficit is equal to<br>A) new