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Author Question: A budget philosophy using fiscal policy to achieve the economy's potential GDP, rather than ... (Read 138 times)

tatyanajohnson

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on: Jun 30, 2018
A budget philosophy using fiscal policy to achieve the economy's potential GDP, rather than balancing budgets either annually or over the business cycle, is termed:
 a. budget finance.
 b. functional finance.
  c. crowding out.
 d. crowding in.
 e. deficit finance.

Question 2

Juanita worked for a defense contractor in the United States. During the 2008 recession, the government cut spending and Juanita and ninety-nine others were laid off. In such a case, the unemployment Juanita is experiencing is _____.
 a. cyclical
 b. structural
  c. seasonal
 d. frictional
  e. voluntary


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akudia

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


tatyanajohnson

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

AmberC1996

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Reply 3 on: Yesterday
Excellent

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