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According to the textbook, why didn't the U.S. government mount chronic budget deficits before 1970?

Sublight2097

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9 years ago

According to the textbook, why didn't the U.S. government mount chronic budget deficits before 1970?

According to the textbook, why didn't the U.S. government mount chronic budget deficits before 1970?
A) Elected officials didn't know how to use the federal budget as a policy tool.
B) Deficits were viewed as an irresponsible moral failure on the part of government.
C) The U.S. had a constitutional balanced budget amendment.
D) For all of the above reasons.
E) For none of the above reasons.

Textbook

The Economic Way of Thinking

The Economic Way of Thinking

Edition: 13^th

Authors: Heyne, Boettke, Prychitko

Read 694 times

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VincenzoD

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Sublight2097 Author

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#2

9 years ago

I've noticed they use a lot of trickery with their questions. Thank you for your input.

William M.

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#3

3 years ago

thanks

Andrew J.

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#4

3 years ago

ThNm you

Andrew C.

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#5

3 years ago

thanks

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