Solved

If the USGovernment Decides to Eliminate a Budget Surplus by Reducing Taxes

Question 56

Multiple Choice

If the U.S.government decides to eliminate a budget surplus by reducing taxes, the most likely effect would be

A) falling prices.
B) a reduction in the trade deficit.
C) an increase in unemployment.
D) upward pressure on prices.

Related Questions

Q51: Which of the following is not true

Q52: If you wanted to measure changes in

Q53: Under a balanced budget policy, a sharp

Q54: Figure 32-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 32-3

Q55: Debt is to deficit as<br>A)money is to

Q57: The central bank is said to monetize

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