Which of the following will increase the Federal Government budget deficit? OA. A decrease in personal...
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Which of the following will increase the Federal Government budget deficit? OA. A decrease in personal income taxes while Federal Government spending remains constant. OB. An increase in personal income taxes and a fall in Federal Government Spending C. An increase in Federal Government spending and an equal increase in personal income taxes. OD. A decrease in spending by state and local governments. Which of the following will increase the Federal Government budget deficit? OA. A decrease in personal income taxes while Federal Government spending remains constant. OB. An increase in personal income taxes and a fall in Federal Government Spending C. An increase in Federal Government spending and an equal increase in personal income taxes. OD. A decrease in spending by state and local governments.
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