Which of the following statements about government deficit spending is most accurate?
A) The federal government violates the law by running deficits because the Canadian Constitution requires the government to balance its budget each year.
B) Although the government used to run big deficits,it has consistently run surpluses since the late 1980s.
C) The government has used deficit spending to lower the national debt.
D) One reason the government has a hard time reducing deficits is that there is a great deal of pressure on the government to expand its spending and transfer payments each year.
Correct Answer:
Verified
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