Answered

If a country wants to decrease its national debt as quickly as possible, what
kind of budget will it most likely create?
A. One that decreases taxes and increases spending
OB. One that increases taxes and decreases spending
C. One that creases taxes and decreases spending
D. One that increases taxes and increases spending

Verified Answer :

GinnyAnswer

Final answer:

To reduce national debt quickly, a country should increase taxes and decrease spending.


Explanation:

To decrease its national debt as quickly as possible, a country would most likely create a budget that increases taxes and decreases spending. This strategy is essential in reducing debt levels by generating more revenue while cutting down on expenses. Raising taxes and reducing spending are effective measures to balance the budget and work towards lowering the national debt.


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https://brainly.com/question/28920558


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