Multiple Choice
Which statement(s) is/are TRUE? I. One potential problem associated with attempting to cyclically balance the budget is that politicians often do not want to raise taxes or cut spending.
II) When attempting to cyclically balance the budget, politicians can depend on the fact that once policymakers predict the length and intensity of one cycle, it applies to all cycles.
III) One potential problem associated with attempting to cyclically balance the budget is that it requires policymakers to accurately predict the length and intensity of the cycle.
A) I and II only
B) I and III only
C) II and III only
D) I, II, and III
Correct Answer:
Verified
Correct Answer:
Verified
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