All of the following are consequences of a government's having to deal with a "debt crisis", except:
A) Very restricted ability to borrow money
B) Being forced to drastically raise taxes
C) Being forced to make drastic cuts in spending
D) Being forced to make huge increases in government spending
Correct Answer:
Verified
Q36: Many governments end up with chronic budget
Q37: "Unfunded liability" refers to a government commitment
Q38: Politicians seeking reelection tend to do the
Q39: The government's budget deficit refers to the:
A)
Q40: The term government failure refers to the:
A)
Q42: When monetary policy becomes highly politicized, the
Q43: To prevent monetary policy from becoming highly
Q44: Chronic budget deficits can lead to all
Q45: Fiscal policy refers to the government's attempt
Q46: Many state and local governments in the
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