Which of the Following Statements Best Illustrates a Cyclically Balanced-Budget

Multiple Choice

Which of the following statements best illustrates a cyclically balanced-budget fiscal policy?

A) The budget should be balanced each budget year.
B) The budget should always balance.
C) The life of the business cycle is the appropriate time period to attempt to balance the budget.
D) Fiscal policy really has nothing to do with the budget.
E) A balanced budget is the only appropriate fiscal policy.