Government spending is funded by a system of
A) checks and balances.
B) policies and laws.
C) states and cities.
D) taxation and borrowing.

Name: Government spending is funded by a system of A) checks and balances. B) policies and laws. C) states and cities. D) taxation and borrowing.
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Question

Quizplus · Accepted Answer

Taxation is the primary source of revenue for the government. When spending exceeds tax revenues, the difference is made up through borrowing.

Government Spending Is Funded by a System of