This graph shows US revenue and expenditures between

History

1 answer:

IgorLugansk [536]3 years ago

6 0

Answer:

The government needs to raise taxes or cut spending.

The government spends too much money.

The government almost always spends more than it

Explanation:

The statements that describe what this graph indicates about government spending are

1. The government needs to raise taxes or cut spending. If the government raises taxes there will be less money in circulation.

2. The government spends too much money. If the government spends too much money than it receives, it leads to the deficit and this deficit can be controlled either by increasing revenue or cut spending.

3. The government almost always spends more than it. It very essential for the government to know the balance between money collected and the money spends.

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Answer:

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Explanation: