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Business, 16.07.2021 21:20 juanchylj

Government spending in the United States has grown over time and now accounts for more than 40 percent of U. S. national income. Does this mean that government has been consistently running a budget​ deficit? A. ​No, government deficits also depend on the national debt. B. ​Yes, government deficits are a direct result of government spending over time. C. ​No, government deficits depend upon spending and tax revenue. D. ​Yes, as government spending has​ increased, deficits have become inevitable.

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