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    Economics Principles and Policy Study Set 1
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    Exam 33: Budget Deficits in the Short and Long Run
  5. Question
    In 2008 and 2009, the Budget Deficit Increased Substantially Because
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In 2008 and 2009, the Budget Deficit Increased Substantially Because

Question 89

Question 89

Multiple Choice

In 2008 and 2009, the budget deficit increased substantially because of


A) the weak economy.
B) extraordinary spending.
C) reduced tax receipts.
D) all of the above

Correct Answer:

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