Multiple Choice
Most economists believe that a balanced budget requirement would:
A) undermine the role of taxes and transfers as automatic stabilizers.
B) enhance the effect of automatic stabilizers.
C) strengthen the ability of policy makers to conduct discretionary fiscal policy.
D) not have any impact on the role of taxes and transfers as automatic stabilizers.
Correct Answer:
Verified
Correct Answer:
Verified
Q77: Consumer spending will likely rise if:<br>A) government
Q373: An increase in government spending of $300
Q374: Suppose an economy is producing real GDP
Q375: The difference between a budget deficit and
Q376: The tax and government transfer payment multiplier
Q377: Use the following to answer questions:<br>Figure: Fiscal
Q378: Fiscal policy measures of the same dollar
Q379: Suppose the government increases spending to fund
Q381: If the marginal propensity to save is
Q382: Real GDP equals $200 billion, the government