Which of the following is a correct interpretation of this cartoon? OA. The budget will not be balanced if the economy "crashes". OB. The budget will remain balanced under all economic conditic

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter11: Fiscal Policy
Section: Chapter Questions
Problem 1.7P
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Social Studies
STEADY
AS SHE
GOES
BALANCED BUDGET
THE
ECONOMY
Reprinted with permission from The Detroit News
Quenti
MAAARSA
Which of the following is a correct interpretation of this cartoon?
OA. The budget will not be balanced if the economy "crashes".
OB. The budget will remain balanced under all economic conditions.
O C. The budget is balanced because the economy is stable.
OD. The budget is balanced because the economy is weak.
OE. The budget will not be balanced if the economy is strong.
£ 100
Transcribed Image Text:Social Studies STEADY AS SHE GOES BALANCED BUDGET THE ECONOMY Reprinted with permission from The Detroit News Quenti MAAARSA Which of the following is a correct interpretation of this cartoon? OA. The budget will not be balanced if the economy "crashes". OB. The budget will remain balanced under all economic conditions. O C. The budget is balanced because the economy is stable. OD. The budget is balanced because the economy is weak. OE. The budget will not be balanced if the economy is strong. £ 100
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