Which of the following situations could cause a budget deficit for the federal government?
A) The federal government issues more treasury bonds than treasury notes.
B) Government spending decreases.
C) There is a recession.
D) The federal government raises taxes.
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Home » Business » Which of the following situations could cause a budget deficit for the federal government? A) The federal government issues more treasury bonds than treasury notes. B) Government spending decreases. C) There is a recession.