True/False
If discretionary fiscal policy creates a federal budget deficit, the economy must be experiencing a decrease in output.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: The functional finance philosophy is based on
Q55: The budget deficit tends to decline during
Q112: When a budget is not approved in
Q114: Which of the following countries has never
Q115: A major problem with the implementation of
Q116: The federal budget is _<br>A) submitted by
Q118: Outstanding liabilities of federal, state, and local
Q120: If aggregate output decreases, _<br>A) federal budget
Q121: A possible budget reform involves _<br>A) adopting
Q127: Before the Great Depression,federal deficits occurred primarily