Ask Question
14 February, 17:01

Suppose the federal government operates under a budgetary deficit this year equal to $200B. Which of the following spending and tax revenue combinations would be consistent with this state of fiscal finance?

+3
Answers (1)
  1. 14 February, 20:16
    0
    Answer: Spending = $ 450B and tax revenue = $ 250 B

    Explanation:

    A budget deficit occurs when expenses surpasses the revenue and indicate the financial health of a country. The government generally uses the term budget deficit when referring to spending rather than businesses or individuals.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose the federal government operates under a budgetary deficit this year equal to $200B. Which of the following spending and tax revenue ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers