Which of the reasons given is often cited as a benefit of running a budget deficit? operating with a budget deficit lessens the impact of a recession budget deficits reduce tax costs for American workers working under deficit conditions helps to smooth out tax rates over time running a deficit helps to increase spending for public assistance programs

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 17SCQ: For each of the following, indicate which type of government spending would justify a budget deficit...
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Please answer the questions related to the national budget deficit in the United States.
Which of the reasons given is often cited as a benefit of running a budget deficit?
operating with a budget deficit lesses the impact of a recession budget deficits reduce tax costs for American workers
working under deficit conditions helps to smooth out tax rates over time
running a deficit helps to increase spending for public assistance programs
Transcribed Image Text:Please answer the questions related to the national budget deficit in the United States. Which of the reasons given is often cited as a benefit of running a budget deficit? operating with a budget deficit lesses the impact of a recession budget deficits reduce tax costs for American workers working under deficit conditions helps to smooth out tax rates over time running a deficit helps to increase spending for public assistance programs
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