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In determining the role of budget in the economy:

A) Working people want to government to support employment, whether that be through public spending to create government jobs or reducing corporate taxes to incentivize business expansion and hiring,
B) The burden of providing public gods and services can be placed at 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 unemployment benefits,
E) All

1 Answer

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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:

  1. 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.
  2. B) The burden of providing public goods and services can be placed at the local, state, or federal level of government.
  3. C) Conservatives may wish to cut taxes as a way to reduce expenditures, thereby reducing the number of government employees.
  4. 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.

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