tabithachadwick tabithachadwick
  • 21-04-2021
  • Business
contestada

The cyclical deficit rises during economic expansions. True or false

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Skyyy291
Skyyy291 Skyyy291
  • 21-04-2021

Answer:

false

Explanation:

Historically, the deficit has been highly countercyclical, meaning that it rises during economic slowdowns and falls during expansions. This countercyclicality is driven by both the spending side and revenue side and by both discretionary or “activist” policies and automatic or “passive” policies

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fh456gyg9d
fh456gyg9d fh456gyg9d
  • 17-05-2022

Answer:

False

Explanation:

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