Multiple Choice
A federal budget deficit places a genuine burden on future generations when the
A) crowding-out effect is stronger than the crowding-in effect.
B) crowding-in effect is stronger than the crowding-out effect.
C) crowding-out and crowding-in effects work in opposite directions.
D) crowding-out and crowding-in effects operate in the same direction.
Correct Answer:
Verified
Correct Answer:
Verified
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.
Q70: Many economists believe that if fiscal policy
Q71: Economists who argue in favor of rapid
Q72: The Troubled Asset Relief Program (TARP) totaled
Q73: Crowding out occurs when deficit spending by
Q74: If the national debt is owed entirely