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Which of the following will increase the Federal Government budget deficit? A. A decrease in personal income taxes while Federal Government spending remains constant. B.

Which of the following will increase the Federal Government budget deficit?

A.

A decrease in personal income taxes while Federal Government spending remains constant.

B.

An increase in personal income taxes and a fall in Federal Government Spending

C.

An increase in Federal Government spending and an equal increase in personal income taxes.

D.

A decrease in spending by state and local governments.

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