Large budget __________ have come from a combination of tax __________ and spending __________.
A)surpluses,cuts,increases
B)surpluses,increases,increases
C)deficits,increases,increases
D)deficits,cuts,cuts
E)deficits,cuts,increases

Question

Quizplus · Accepted Answer

Large budget deficits occur when spending exceeds revenue, which can result from a combination of tax cuts (reducing revenue) and spending increases (increasing expenditure).

Large Budget __________ Have Come from a Combination of Tax