Which of the following policy combinations would cause a rise in the government budget deficit? falling taxes and falling government expenditure rising taxes and rising government expenditure falling taxes and rising government expenditure
Which of the following policy combinations would cause a rise in the government budget deficit? falling taxes and falling government expenditure rising taxes and rising government expenditure falling taxes and rising government expenditure
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following policy combinations would cause a rise in the government budget deficit?
falling taxes and falling government expenditure
rising taxes and rising government expenditure
falling taxes and rising government expenditure
rising taxes and falling government expenditure
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