"If I am elected I will reduce the deficit" -every politician in history Which of the following best describes the statement above and the difference between the debt vs deficit? Federal government spending will be more than tax revenue and debt will decrease. Federal government spending will be less than tax revenue and debt will increase. Federal government spending will continue to be greater than tax revenue, and debt will increase. Federal government spending will be less than tax revenue and debt will decrease.

"If I am elected I will reduce the deficit" -every politician in history Which of the following best describes the statement above and the difference between the debt vs deficit? Federal government spending will be more than tax revenue and debt will decrease. Federal government spending will be less than tax revenue and debt will increase. Federal government spending will continue to be greater than tax revenue, and debt will increase. Federal government spending will be less than tax revenue and debt will decrease.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Similar questions

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