Federal government budget deficitsA) tend to increase when the economy enters a recession.B) have tended to increase in the majority of years since 1980.C) have caused a growing national debt.D) have all of these characteristics.

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Cathryn Ackerman · Accepted Answer

Final Answer : D, Explanation :  Federal government budget deficits have tended to increase during a recession as government spending increases to stimulate the economy, and tax revenues decrease due to lower economic activity. Since 1980, budget deficits have increased in the majority of years. These deficits have caused a growing national debt as the government needs to borrow money to finance its spending. Therefore, all of these characteristics are true.

Federal government budget deficits

A) tend to increase when the economy enters a recession.
B) have tended to increase in the majority of years since 1980.
C) have caused a growing national debt.
D) have all of these characteristics.

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