If you had to choose between changing taxes OR changing government spending to achieve a balanced budget. What would you choose and why? (Two complete sentences, please.) Make sure you explain your motivation clearly

The budget balance = ______ - government spending.Multiple choice question.excise dutiestransfer paymentspersonal income taxnet tax revenue

Which of the following is the most important argument in favour of a balanced budget fiscal policy approach?Multiple choice question.The government does not have the power to change tax law.Automatic stabilizers increase the impact of a recession.The balanced budget fiscal policy is the best alternative to countercyclical policy.An economy can self adjust without any intervention.

If taxes and government expenses did not vary with income, then income wouldMultiple Choicebe more stable.not change.be less stable.be closer to potential income.

If the federal​ government's expenditures are less than its tax​ revenues, then: a. a budget deficit results. b. the budget is balanced. c. the government is deficit spending. d. a budget surplus results.

If citizens stated these concerns, which one could be solved by spending tax money?A."The elderly in my state suffer from poverty."B."The army is too big."C."I am disappointed by recent Supreme Court decisions."D."The president makes poor decisions about social programs."SUBMITarrow_backPREVIOUS