menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 7
  4. Exam
    Exam 7: Fiscal Policy
  5. Question
    Suppose the Government's Budget Is Balanced
Solved

Suppose the Government's Budget Is Balanced

Question 99

Question 99

Essay

Suppose the government's budget is balanced.What is the consequence to the level of national debt if expansionary fiscal policy is used to eliminate a recessionary gap?

Correct Answer:

verifed

Verified

To eliminate a recessionary gap with exp...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q55: Define the terms deficit and debt.Which is

Q94: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the

Q95: Suppose the government is expecting a budget

Q96: If government spending on goods and services

Q97: Suppose that an economy is simultaneously experiencing

Q98: What is involved in counter-cyclical fiscal policy?<br>A)Higher

Q100: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the

Q101: What is an appropriate reason for the

Q102: The national debt is the sum of

Q103: What would be appropriate government action to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines