Which of the following events is expected to worsen the budget deficit in the years following 2008?
A. the increased government spending to deal with the financial crisis in 2008
B. the expected improvement in the economy once the financial crisis is in order
C. the expiration of some of George Bush’s tax cuts in 2010
D. All of the above are correct.
Answer:A
Which of the following events is expected to worsen the budget deficit in the years following 2008?
A. the increased government spending to deal with the financial crisis in 2008 B. the expected improvement in the economy once the financial crisis is in order C. the expiration of some of George Bush’s tax cuts in 2010 D. All of the above are correct.