During periods of economic boom, governments may also use fiscal policy to dampen activity and ease inflationary pressures a. by raising taxes or increasing expenditures and therefore running surpluses and increasing overall debt levels. b. by raising taxes or decreasing expenditures and therefore running surpluses and decreasing overall debt levels. c. by raising taxes or increasing expenditures and therefore running surpluses and decreasing overall debt levels. d. by raising taxes or decreasing expenditures and therefore running deficits and decreasing overall debt levels