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University of Missou X/-University of Missou -> c Dwww.saplinglearning.com/ib.scms/mod/ibis/view.php?id=2543987 sapling jlearning Grade Category Description: Review Chapter As of 2014, the U.S. has been running a budget deficit for over ten years. Classify each of the the following policy proposals according to its most likely effect on the U.S. budget deficit. Will increase the budget deficit Will decrease the budget deficit Policies;: You can check You can view so You have two at You lose 10% of answer in your attempt at that For multiple-ch depends on the Eliminate duplicate social programs Increase government expenditures Increase entitlements Increase taxes eTextbook Help With Thi Web Help & V Previous e Check Answer Next Exit Hint 8:09 PM 4/20/2016 Ask me anything

Explanation / Answer

Budget deficit refers to the excess of government expenditure over government revenues.

The given options can be listed as follows:

1.      Eliminate duplicate social programs:Decrease budget deficit (as reducing duplicate programs would reduce duplicate expenditures made by the government, which would reduce the difference between government expenditure and revenues)

2.      Increase entitlements: Increase budget deficit (as increased entitlements mean increased government expenditure, which would increase the difference between government expenditure and revenues)

3.      Increase taxes: Decrease budget deficit (as increased taxes means increased revenues, which would reduce the difference between government expenditure and revenues)

4.      Increase government expenditure:Increase budget deficit (as increased government expenditure would increase the difference between government expenditure and revenues)

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