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hodyreva [135]
2 years ago
8

If the government of Balancia runs a deficit of $50 million per year in Year 1 and in Year 2 due to its recession, but then has

a $100 million surplus in Year 3 due to strong economic recovery, Balancia is likely following which type of rule?
Functional finance

Cyclically balanced budget

Biannually balanced budget

Annually balanced budget
Social Studies
1 answer:
Nataly [62]2 years ago
4 0
Balancia is likely following the cyclically balanced budget
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