Please match each description with the appropriate approach to federal finance. Policymakers should reduce spending and increase taxes when the economy is growing

in order to prevent "overheating".

This approach was considered conventional wisdom until the advent of the

Great Depression.

Policymakers should focus on keeping unemployment low and providing the people

with the public goods and services they want.

If insisted upon, this approach would only worsen the economy during a recession.

This approach ignores the impact of the budget on the business cycle.

cyclically balanced budget

annually balanced budget

functional finance