Multiple Choice
Which of the following statements is False?
A) The case for lowering taxes with a budget surplus is stronger if the economy is at less than full employment.
B) Sustained budget deficits will produce sustained annual reductions in domestic investment.
C) Older generations have a greater stake in reducing the national debt than younger generations.
D) It would takes several years before the benefits of a reduced national debt would be felt by Americans.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: The assertion that large budget deficits have
Q3: Use the following diagram to answer the
Q4: Which of the following in not true
Q5: Suppose that after many years of balancing
Q6: The fiscal imbalance is a measure of
Q8: The increase in the portion of the
Q9: Is the following statement true or False?
Q10: Which debt is likely to be a
Q11: Higher productivity growth will affect the deficit
Q12: Use the following diagram to answer the