The Federal Government's practice of spending more than it takes in results in

a. greater dependence on regressive taxes than on progressive taxes.

b. deficit financing.

c. low interest rates.

d. longer fiscal years.

Question

Henderson

15 March, 22:22

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Answers (1)

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Chad Warner · Answer 1

B. deficit financing

Deficit means the amount is too small and financing is the providing of funds.

The Federal Government's practice of spending more than it takes in results ina. greater dependence on regressive taxes than on progressive taxes.b. deficit financing.c. low interest rates.d. longer fiscal years.