Question

The negative effects of a recession would be reduced by which fiscal policy decision?

Answer 1

Answer:

The negative effects of a recession would be reduced by which fiscal policy decision?

A. incurring a budget deficit which is used to retire debt held by the public

B. incurring a budget surplus and allowing that surplus to accumulate as idle Treasury balances

C. incurring a budget surplus, which is used to retire debt held by commercial banks

D. incurring a budget deficit by borrowing from the public and increasing expenditures

Step-by-step explanation:

#CarryOnLearning