Multiple Choice
Suppose an elected official wishes to introduce a new government program.Under a PAYGO rule,this new program would be adopted only if
A) the budget deficit is reduced by the same amount as the costs of the new program.
B) the budget deficit is reduced by half the amount of the costs of the new program.
C) the new program does not result in an increase in the current or future budget deficit.
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q55: Analysis of macro policy and theory has
Q56: Game theory analysis of macro policy suggests
Q57: The PAYGO rule was allowed to expire
Q58: Suppose we compare the average growth rates
Q59: Which of the following statements is true
Q61: During which of the following decades was
Q62: Analysis of U.S.budget deficits in the United
Q63: Those who are concerned about balanced budget
Q64: During democratic presidential administration since 1948,economic growth
Q65: Discuss the time inconsistency problem and explain