In cases of revenue shortfalls, decision-makers have to decide where cuts should be made to compensate for the shortfall. Which of the following is more likely to happen?
In cases of revenue shortfalls, decision-makers have to decide where cuts should be made to compensate for the shortfall. Which of the following is more likely to happen?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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9

Transcribed Image Text:In cases of revenue shortfalls,
decision-makers have to decide
where cuts should be made to
compensate for the shortfall.
Which of the following is more
likely to happen?
Question 16 options:
A. Budget requests are denied
B. Raise Taxes
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