Question

What would most likely happen if congress decreased taxes and increase spending

Answer 1

Well, it will actually depend, because taxes play a huge role in spending, so with that decreased, things may be more affordable, but if the spending goes too far, then the country might be in debt, so it really depends on the situation. :D

Answer 2

The answers provided with this question are:

a. Economic contraction

b. Economic expansion

c. Economic stability

d. Economic stagnation

Answer:

Economic expansion is what would most likely happen if Congress decreased taxes and increased spending. This is the correct answer, hope this helps!