Multiple Choice
Econia has an evenly balanced budget. Then its government chooses to use an expansionary fiscal policy to combat a recession. What impact would this policy have on Econia's budget balance?
A) It would remain evenly balanced.
B) It would begin to have a surplus.
C) It would begin to have a deficit.
D) The effect is not predictable.
Correct Answer:
Verified
Correct Answer:
Verified
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