Multiple Choice
The budget deficits of the 1980s and early 1990s differ from others in the post-World War II era in that they were
A) a result of the Fed rather than a change in fiscal policy.
B) temporary rather than structural, and pose no threat to the economy.
C) not contracted to fight a war or end a recession.
D) contracted as part of a program to plan the economy.
Correct Answer:
Verified
Correct Answer:
Verified
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