What does the federal government do when it is unable to cover its expenditures?
A) sells bonds
B) indexes taxes to the cost of living
C) changes the tax code -Consider This: Changing the tax code could work if citizens were asked to increase payments.Instead,the government has determined an appropriate channel is to sell bonds,which is easy to do given the low risk of default.
D) invests in pork projects
Correct Answer:
Verified
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