Asked by
Kevin Johnson
on Oct 13, 2024
Verified
Which statement is the most accurate?
A) The federal government gets much more money from tax revenues than from borrowing.
B) The federal government gets a little more money from tax revenues than from borrowing.
C) The federal government gets a little more money from borrowing than from tax revenues.
D) The federal government gets much more money from borrowing than from tax revenues.
Tax Revenues
The money obtained by governments as a result of taxation.
Borrowing
The act of obtaining or receiving something on loan with the promise or understanding of returning it or its equivalent.
- Acquire knowledge of the theories and implications associated with different foundations and configurations of federal spending and taxation.
Verified Answer
AZ
Learning Objectives
- Acquire knowledge of the theories and implications associated with different foundations and configurations of federal spending and taxation.