[Solved] For the Federal Deficit to Be Lowered

Question 218
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For the federal deficit to be lowered,


A)the federal government must decrease its spending and increase net exports.
B)the federal government's expenditures must be lower than its tax revenue.
C)the Bank of Canada must raise interest rates and lower the required reserve ratio.
D)the Bank of Canada must reduce the money supply.
E)the federal government must reduce expenditures and increase taxes.

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