When the government engages in expansionary fiscal policy there is a. a budget deficit and increase in the national debt O b. no change in the budget balance or national debt O c. a budget surplus and decrease in the national debt d. a budget deficit but no change in the national debt

When the government engages in expansionary fiscal policy there is a. a budget deficit and increase in the national debt O b. no change in the budget balance or national debt O c. a budget surplus and decrease in the national debt d. a budget deficit but no change in the national debt

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter16: Government Spends, Collects, And Owes

Section16.3: The Federal Budget And The National Debt

Problem 1R

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When the government engages in expansionary fiscal policy there is
O a.
a budget deficit and increase in the national debt
O b. no change in the budget balance or national debt
a budget surplus and decrease in the national debt
d. a budget deficit but no change in the national debt
O C.

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