Final answer:
The role of the budget in the economy is multifaceted and can impact various aspects of the economy.
Step-by-step explanation:
The role of the budget in the economy is multifaceted and can impact various aspects of the economy. Here are the key points regarding the role of the budget:
- A) Working people want the government to support employment, whether through public spending to create government jobs or reducing corporate taxes to incentivize business expansion and hiring.
- B) The burden of providing public goods and services can be placed at the local, state, or federal level of government.
- C) Conservatives may wish to cut taxes as a way to reduce expenditures, thereby reducing the number of government employees.
- D) The budget can be a tool to dampen economic swings, control inflation, and provide unemployment benefits.
Therefore, the correct answer is E) All of the above.