📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    The government deficit can be reduced by ______ taxes or

    _____ expenditure.
    A increasing; increasing Correct Answer Incorrect Answer
    B increasing; decreasing Correct Answer Incorrect Answer
    C decreasing; increasing Correct Answer Incorrect Answer
    D maintaining; increasing Correct Answer Incorrect Answer

    Solution

    The government deficit can be reduced by increasing taxes or decreasing expenditure. A deficit is an amount by which the expenditures in a budget exceed the income. Amount of money in the set budget by which the government expenditure exceeds the government income amount.

    Practice Next

    Relevant for Exams:

    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call