Question

Imagine the federal government has a national debt of $10.2 trillion. Congress's budget for the coming year includes a spending projection of $4.2 billion. Tax revenue projects $3.8 billion. Which fiscal policy should Congress adopt to avoid increasing the national debt?

Cut interest rates

Decrease spending

Lower taxes

Raise reserve requirements

Answer 1

@ArbabShah

Answer 2

@RANE

Answer 3

@ArbabShah cant answer this one?

Answer 4

@RANE

Answer 5

I guess A