contestada

Suppose the federal government operates under a budgetary deficit this year equal to $200B. Which of the following spending and tax revenue combinations would be consistent with this state of fiscal finance?

Respuesta :

Answer: Spending = $ 450B and tax revenue = $ 250 B

Explanation:

A budget deficit occurs when expenses surpasses the revenue and indicate the financial health of a country. The government generally uses the term budget deficit when referring to spending rather than businesses or individuals.