How does the government raise money if there is insufficient tax revenue to cover spending?

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Economics An Introduction To Traditional And Progressive Views

ISBN: 9780765616685

7th Edition

Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers

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Question Posted: Nov 07, 2023 06:26 AM

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How does the government raise money if there is insufficient tax revenue to cover spending?

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When there is insufficient tax revenue to cover government spendingthe government has a few options to raise additional funds 1 Increase taxes This is ...View the full answer

Economics An Introduction To Traditional And Progressive Views

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