Which situation is most likely to result in a government having a budget deficit for a year?
A. A government decides that all its spending programs will be
discretionary instead of mandatory.
B. A government decides to build an expensive new highway system
while also lowering taxes.
C. A government raises taxes on corporations in an effort to quickly
pay off its entire national debt.
O D. A government cuts funding to income assistance programs for
veterans and the elderly.