Multiple Choice
The cyclically adjusted budget deficit in an economy is zero.If this economy goes into recession, then the actual government budget will be
A) balanced.
B) in deficit.
C) in surplus.
D) expanding.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: Payment of interest on the U.S. public
Q211: When current tax revenues exceed current government
Q212: Expansionary fiscal policy is so named because
Q213: An economy is experiencing a high rate
Q214: Suppose the price level is fixed, the
Q217: Discretionary fiscal policy refers to<br>A)any change in
Q218: Automatic stabilizers smooth fluctuations in the economy
Q219: The largest proportion of the U.S.public debt
Q220: When the economy is at full employment,<br>A)one
Q221: The so-called negative taxes are better known