If government adhered strictly to an annually balanced budget, then the governm ent’s budget would: A. raise real output during recessions and lower it during booms. B. tend to destabilize the economy C. have no impact upon real output and employment D. tend to stabilize the economy E. always cause inflation. Uploaded by: jiusuanwo.
If government adhered strictly to an annually balanced budget ,then the government’s budget would: Select one: a. raise real output during recessions and lower it duringbooms. b. tend to destabilize the economy. c. have no impact upon real output and employment. d. tend to stabilize the economy.
If government adhered strictly to an annually balanced budget , then the government’s budget would: A. raise real output during recessions and lower it during booms B. tend to destabilize the economy C. have no impact upon real output and employment D. tend to stabilize the economy E. always cause inflation Accessibility: Keyboard Navigation Difficulty: Medium Learning Objective: 11-03 Distinguish between budget .
Macroeconomics Test Flashcards | Quizlet, Macroeconomics Test Flashcards | Quizlet, Macroeconomics Test Flashcards | Quizlet, If government adhered strictly to an annually balanced budget , government’s budget would tend to _____ the economy destabilize The idea of increasing taxes during good times and decreasing them during recessions over the course of the business cycle is the ________ balanced budget, If government adhered strictly to an annually balanced budget , the budget would tend to —- the economy. Cyclical adjusted The idea of increasing and decreasing taxes during good and bad times is the — — balanced budget .
