Which situation is most likely to result in a government having a budget surplus for a year?A.A government is forced to spend extra money to help its citizens recover after a natural disaster.B.A government begins providing health care to all citizens using tax money in the federal budget.C.A government shuts down an expensive defense program while increasing taxes on corporations.D.A government lowers taxes on businesses while keeping all its spending at the same level.

Which situation is most likely to result in a government having a budget deficit for a year?A.A government decides to build an expensive new highway system while also lowering taxes.B.A government cuts funding to income assistance programs for veterans and the elderly.C.A government decides that all its spending programs will be discretionary instead of mandatory.D.A government raises taxes on corporations in an effort to quickly pay off its entire national debt.SUBMITarrow_backPREVIOUS

If the federal​ government's expenditures are less than its tax​ revenues, then: a. a budget deficit results. b. the budget is balanced. c. the government is deficit spending. d. a budget surplus results.

Which fiscal policy would most likely result in the largest budget surplus?A.Low taxation and low spendingB.High taxation and low spendingC.High taxation and high spendingD.Low taxation and high spending

If a government spends less money than it brings in through taxes in one year, that government has a _____.A.mandatory budgetB.budget surplusC.budget deficitD.discretionary budget

If the federal government spends $1.4 trillion more dollars than it collects in tax revenue, what occurs?Select the correct answer below:a profita budget surplusa balanced budgetA budget deficit.