According to Keynesian economics, what impact would a balanced budget amendment to the constitution requiring the federal

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According to Keynesian economics, what impact would a balanced budget amendment to the constitution requiring the federal government to balance its budget annually have on the economy?

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Survey of Economics

ISBN: 978-1111989668

8th edition

Authors: Irvin B. Tucker

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Question Posted: Apr 12, 2016 07:08 AM

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According to Keynesian economics, what impact would a balanced budget amendment to the constitution requiring the federal

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It would destabilize the business cycle This is because during recessions the budget deficit natura...View the full answer

Survey of Economics

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