Question

This graph shows US revenue and expenditures between

1980 and 2010.
Which statements describe what this graph indicates about
government spending? Check all that apply.
US Government Revenue and Expenditures,
1980-2010
The government needs to raise taxes or cut spending.
- Money Spent
Money
Received
The government spends too much money.
Trillions of US Dollars
8998443
ooooooooo
The government should produce more money to cover
spending.
2010
The government almost always spends more than it
collects.
The government needs to lower taxes to cover spending.

Answer 1

a,b,d

Step-by-step explanation:

Answer 2

The government needs to raise taxes or cut spending.

The government spends too much money.

The government almost always spends more than it

Step-by-step 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.