Solved

A Government That Currently Has a Budget Deficit Can Balance

Question 191

Multiple Choice

A government that currently has a budget deficit can balance its budget by


A) increasing tax revenues by more than it increases outlays.
B) increasing both tax revenues and outlays by the same amount.
C) decreasing tax revenues by more than it decreases outlays.
D) decreasing tax revenues by more than it increases outlays.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions