Multiple Choice
The fallacy in the strict crowding-out argument comes from supposing that
A) the Federal Reserve always accommodates the U.S.Treasury in its financing of the deficit.
B) corporations always outbid small businesses for government contracts.
C) the economy's flow of saving is fixed.
D) investors will spend more when G increases.
Correct Answer:
Verified
Correct Answer:
Verified
Q58: Structural budget surplus is the hypothetical surplus
Q59: Figure 32-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 32-2
Q60: Which of the following statements is incorrect?<br>A)Budget
Q61: The purpose of fiscal policy should be
Q62: Proper inflation accounting is necessary to measure
Q64: Budget surplus is the amount by which
Q65: Inflation accounting for the debt argues which
Q66: What happens typically to a budget deficit
Q67: By 2007, the deficit<br>A)was out of control
Q68: Large deficits can retard economic growth.