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  3. Study Set
    Macroeconomics Understanding the Global Economy
  4. Exam
    Exam 14: Fiscal Policy and the Role of Government
  5. Question
    Since World War II,with the Exception of the Late 1990s,the
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Since World War II,with the Exception of the Late 1990s,the

Question 1

Question 1

Multiple Choice

Since World War II,with the exception of the late 1990s,the governments of most developed countries have


A) run budget surpluses
B) repaid their national debts
C) run budget deficits in times of recession
D) kept their budgets balanced
E) been net lenders in times of recession

Correct Answer:

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