contestada

economics

Which budget strategy will reduce a country's national debt the most?
a. lowering both taxes and spending
b. raising taxes while lowering spending
c. lowering taxes while raising speeding
d. raising both taxes and spending

Respuesta :

Answer:

A

Explanation:

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Budget strategy will reduce a country's national debt the most  raising taxes while lowering spending. Thus, option (b) is correct.

What is budget?

A “budget” is a plan or statement of the amount of money spent each month to pay for living expenses or for a specific purpose.

One of the most widely advocated ways to lessen the nation's debt is through increasing taxes and cutting spending. The majority of the nation's consumers spend money on commerce and military.

Therefore, option (b) is correct.

Learn more about on budget, here:

https://brainly.com/question/15683430

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