Generational Imbalance is the division of between the current and future generations, assuming that the current generation will enjoy the existing levels of taxes and benefits. O A. the fiscal imbalance O B. transfer payments OC. lifetime tax burden and benefits O D. tax burden

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter30: Government Budgets And Fiscal Policy
Section: Chapter Questions
Problem 30RQ: Under what general macroeconomic circumstances might a government use expansionary fiscal policy?...
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Generational Imbalance is the division of
taxes and benefits.
between the current and future generations, assuming that the current generation will enjoy the existing levels of
O A. the fiscal imbalance
O B. transfer payments
OC. lifetime tax burden and benefits
O D. tax burden
Transcribed Image Text:Generational Imbalance is the division of taxes and benefits. between the current and future generations, assuming that the current generation will enjoy the existing levels of O A. the fiscal imbalance O B. transfer payments OC. lifetime tax burden and benefits O D. tax burden
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