Multiple Choice
Can a counter-cyclical fiscal policy ever result in a balanced budget?
A) Yes,unless the economy is experiencing a recessionary gap.
B) Yes,if the economy is experiencing a recessionary gap.
C) Yes,if the economy is experiencing a recessionary gap with a budget deficit.
D) Yes,if the economy is experiencing an inflationary gap with a budget deficit.
E) Never.The goal of counter-cyclical fiscal policy is annual deficits.
Correct Answer:
Verified
Correct Answer:
Verified
Q73: How may the public debt impose a
Q74: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the
Q75: Both net tax revenues and government spending
Q76: What are automatic stabilizers?<br>A)Imports and exports that
Q77: In 2015,in Canada,what was the size of
Q79: Given the following parameters for the economy
Q80: What is the effect of a counter-cyclical
Q81: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the
Q82: Which of the following is a stock
Q83: What can cause an upward (left)shift in