The official measure of the deficit becomes more inaccurate as
A) the inflation rate rises.
B) the total debt falls.
C) taxes rise.
D) all of the above
E) none of the above
Correct Answer:
Verified
Q1: In the medium run,a tax increase that
Q3: If the government runs a primary deficit
Q4: In the medium run,a tax cut that
Q5: The government budget constraint tells us that
Q6: The debt ratio will increase by more
Q7: When the economy is in a liquidity
Q8: The primary deficit is
A)government spending minus interest
Q9: In the short run,an increase in government
Q10: If the government runs a primary deficit
Q11: The official measure of the deficit
A)always underestimates
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