If the government is required to balance the budget and the economy is in a recession and experiencing an expanding budget deficit, the government must:
A. raise taxes.
B. decrease spending.
C. A and B are correct.
D. neither A nor B
Answer:C
If the government is required to balance the budget and the economy is in a recession and experiencing an expanding budget deficit, the government must:
A. raise taxes. B. decrease spending. C. A and B are correct. D. neither A nor B