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Test: AP Macroeconomics
1. | Which of these is a negative aspect of a law mandating a balanced budget? |
It leads to increasingly high taxes.
It leads to fluctuating tax rates.
It is pro-cyclical (makes the business cycle more severe)
It creates excess funds for public projects.
Julia
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Utah State University, Bachelor in Arts, History. University of Utah, Masters in Education, Social Science Teacher Education.
Nicole
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College of St Benedict, Bachelor in Arts, Economics. University of South Florida-Main Campus, Master of Arts, Economics.
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