Which of the following is a TRUE statement about arguments for and against requiring a balanced federal budget in the U.S.? One argument against a required balanced federal budget is that this mandate cannot be added to the Constitution, and therefore, could not be enforced. One argument against a required balanced federal budget is that the government does not have macroeconomic responsibilities One argument against a required balanced federal budget is that sometimes it is necessary or beneficial to run large budget deficits in the short-run. One argument in support of a required balanced federal budget maintains that having a balanced budget each year would make the impacts
Which of the following is a TRUE statement about arguments for and against requiring a balanced federal budget in the U.S.? One argument against a required balanced federal budget is that this mandate cannot be added to the Constitution, and therefore, could not be enforced. One argument against a required balanced federal budget is that the government does not have macroeconomic responsibilities One argument against a required balanced federal budget is that sometimes it is necessary or beneficial to run large budget deficits in the short-run. One argument in support of a required balanced federal budget maintains that having a balanced budget each year would make the impacts
Chapter18: Public Choice And Special Interet Group Politics
Section: Chapter Questions
Problem 11QP
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Which of the following is a TRUE statement about arguments for and against requiring a balanced federal budget in the U.S.?
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One argument against a required balanced federal budget is that this mandate cannot be added to the Constitution, and therefore, could not be enforced.
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One argument against a required balanced federal budget is that the government does not have
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One argument against a required balanced federal budget is that sometimes it is necessary or beneficial to run large budget deficits in the short-run.
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One argument in support of a required balanced federal budget maintains that having a balanced budget each year would make the impacts of economic recessions less severe.
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