In addition to raising taxes, another way a budget deficit can be reduced or eliminated is by
A) trying to increasing employment.
B) quickly reducing government spending.
C) increasing exports.
D) reducing foreign trade.

Question

Quizplus · Accepted Answer

One effective way to reduce a budget deficit is to quickly reduce government spending. This can be achieved through various ways, including cutting unnecessary programs or departments, reducing subsidies, and limiting entitlements. However, it is important to do so in a way that does not harm essential programs and services or negatively impact the economy.

In Addition to Raising Taxes, Another Way a Budget Deficit