When the government spends more than it collects in taxes, it can do this by? a. financing the deficit by buying back bonds b. financing the surplus by issuing bonds c. financing the deficit by issuing bonds d. financing the surplus by issuing bonds

When the government spends more than it collects in taxes, it can do this by? a. financing the deficit by buying back bonds b. financing the surplus by issuing bonds c. financing the deficit by issuing bonds d. financing the surplus by issuing bonds

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter16: Government Spends, Collects, And Owes

Section16.3: The Federal Budget And The National Debt

Problem 1R

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