The federal governments major outlay in its budget is ________ and its major source of revenue is

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The federal government’s major outlay in its budget is ________ and its major source of revenue is ________.

A. debt interest; sales of government bonds B. expenditure on goods and services; taxes on goods and services C. Social Security and other benefits; personal income taxes D. subsidies to farmers; corporate taxes

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Essential Foundations Of Economics

ISBN: 9781786633255

8th Edition

Authors: Robin Bade, Michael Parkin

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