True/False
In the United States 49 of the 50 states are required to have an annually balanced budget, which worsens the severity of the business cycle.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Government borrowing will not crowd out private
Q48: Fiscal policy that decreases aggregate demand is:<br>A)
Q105: Expansionary fiscal policy shifts the aggregate demand
Q143: Use the following to answer questions:<br>Figure: Fiscal
Q145: A change in taxes shifts the aggregate
Q147: Higher government transfers or lower taxes make
Q149: The income expenditure model predicts that if
Q151: If the ratio of debt to GDP
Q152: In most years since 1970, the actual
Q153: The effect of automatic stabilizers is to