Assertion: A balanced budget, where government revenues equal expenditures, is always the most desirable fiscal outcome. Reasoning: A balanced budget ensures fiscal responsibility and prevents the accumulation of public debt. A) Both assertion and reasoning are true, and the reasoning is a correct explanation of the assertion. B) Both assertion and reasoning are true, but the reasoning is not a correct explanation of the assertion. C) The assertion is true, but the reasoning is false. D) Both assertion and reasoning are false.
Assertion: A balanced budget, where government revenues equal expenditures, is always the most desirable fiscal outcome.
Reasoning: A balanced budget ensures fiscal responsibility and prevents the accumulation of public debt.
A) Both assertion and reasoning are true, and the reasoning is a correct explanation of the assertion.
B) Both assertion and reasoning are true, but the reasoning is not a correct explanation of the assertion.
C) The assertion is true, but the reasoning is false.
D) Both assertion and reasoning are false.
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