Question
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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Forecasting for Economics and Business
Authors: Gloria Gonzalez Rivera
1st edition
131474936, 978-1315510415, 1315510413, 978-0131474932
