QuestionJuly 31, 2025

c. Policymakers should focus on keeping unemployment low and providing the people with the public goods and services they want. functional finance cyclically balanced budget annually balanced budget d. If insisted upon this approach would only worsen the economy during a recession. functional finance cyclically balanced budget annually balanced budget e. This approach ignores the impact of the budget on the business cycle. functional finance cyclically balanced budget annually balanced

c. Policymakers should focus on keeping unemployment low and providing the people with the public goods and services they want. functional finance cyclically balanced budget annually balanced budget d. If insisted upon this approach would only worsen the economy during a recession. functional finance cyclically balanced budget annually balanced budget e. This approach ignores the impact of the budget on the business cycle. functional finance cyclically balanced budget annually balanced
c. Policymakers should focus on keeping unemployment low and providing the people with the public goods and
services they want.
functional finance
cyclically balanced budget
annually balanced budget
d. If insisted upon this approach would only worsen the economy during a recession.
functional finance
cyclically balanced budget
annually balanced budget
e. This approach ignores the impact of the budget on the business cycle.
functional finance
cyclically balanced budget
annually balanced

Solution
3.0(271 votes)

Answer

c. Functional Finance ### d. Annually Balanced Budget ### e. Annually Balanced Budget Explanation 1. Identify the approach for each statement c. Policymakers focusing on unemployment and public goods aligns with **functional finance**, which prioritizes economic stability over budget balance. d. Worsening the economy during a recession by insisting on a balanced budget aligns with **annually balanced budget**, as it doesn't allow flexibility in fiscal policy. e. Ignoring the impact of the budget on the business cycle corresponds to **annually balanced budget**, which focuses on yearly balance without considering cyclical effects.

Explanation

1. Identify the approach for each statement<br /> c. Policymakers focusing on unemployment and public goods aligns with **functional finance**, which prioritizes economic stability over budget balance.<br /> d. Worsening the economy during a recession by insisting on a balanced budget aligns with **annually balanced budget**, as it doesn't allow flexibility in fiscal policy.<br /> e. Ignoring the impact of the budget on the business cycle corresponds to **annually balanced budget**, which focuses on yearly balance without considering cyclical effects.
Click to rate:

Similar Questions