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Please complete the statements regarding a government budget deficit.Please complete the statements regarding a government budget deficit. Suppose the government reduced tax rates while also

Please complete the statements regarding a government budget deficit.Please complete the statements regarding a government budget deficit.
Suppose the government reduced tax rates while also increasing government spending, raising the budget deficit to 9% of GDP,
while nominal GDP is rising at 6% per year.
If this policy continues, the budget deficit will
If this policy continues, future tax rates will likely
If this policy continues, future government spending will likely
Suppose the government reduced tax rates while also increasing government spending, raising the budget deficit to 9% of GDP,
while nominal GDP is rising at 6% per year.
If this policy continues, the budget deficit will
If this policy continues, future tax rates will likely
If this policy continues, future government spending will likely
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