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NYC NYC
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8 years ago
A stock market crash decreases the Federal budget surplus or increases the Federal budget deficit because:
A) a stock market crash decreases federal tax receipts.
B) a stock market crash decreases uncertainty.
C) a stock market crash decreases federal spending on supervision of the financial markets.
D) all of the above
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Thanks for answering Slight Smile
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