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 would Congress have to adopt to maintain spending levels without increasing the debt?

Cut public programs
Increase taxes
Lower discount rates
Reduce open-market operations

Answer 1

@ganeshie8

Answer 2

@hartnn

Answer 3

@phi @sleepyjess @Nnesha @MTALHAHASSAN2

Answer 4

i think its B

Answer 5

@Whitemonsterbunny17

Answer 6

@Nnesha

Answer 7

Cut programs. If you don't have the money to pay for something, then you don't buy it.

Answer 8

the answer is increase taxes (B) guys i just submitted the final exam and it was right