Assume that with existing tax and spending laws, government spending e
Assume that with existing tax and spending laws, government spending exceeds government tax revenues. To cover the resulting shortfall, the government must:
A) increase consumers’ incomes.
B) print more money.
C) Borrow money in the financial markets.
D) lower interest rates.
ANSWER
C
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.