According to economic theory, elected government officials will favor

A) federal budget surpluses.
B) balanced federal budgets.
C) federal budget deficits.
D) shrinking federal budgets.

C

Economics

You might also like to view...

Why would a firm in a monopolistically competitive industry advertise?

What will be an ideal response?

View
Economics

How are the rich able to shield large amounts of their income from sales tax while the poor typically cannot?

What will be an ideal response?

View
Economics