Economy, asked by ashusingla6805, 10 months ago

Mention two measures of reducing Government Deficit.

Answers

Answered by mmainak968
1

Answer:

Policies to reduce a budget deficit

Cut government spending. The government can cut its public spending to reduce its fiscal deficit. ...

Tax increases. Higher taxes increase revenue and help to reduce the budget deficit. ...

Economic growth. One of the best ways to reduce the budget deficit as a % of GDP is to promote economic growth.

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