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:

Verified
Correct Answer:
Verified
Q2: The next questions refer to the following.<br>Suppose
Q3: Which of the following was not a
Q4: Balancing the government's budget each year would<br>A)
Q5: Which of the following is not generally
Q6: When government runs a budget deficit,<br>A) interest
Q7: Which of the following is a pure
Q8: Which of the following is not a
Q9: Which of the following is a justification
Q10: Which of the following government functions most
Q11: Which of the following is a transfer