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Which budget strategy would reduce a country's national debt the most?

A. Lowering both taxes and spending
B. Lowering taxes while raising spending
C. Raising taxes while lowering spending
D. Raising both taxes and spending

Sagot :

GinnyAnsweridn

Final answer:

Raising taxes while lowering spending is the budget strategy that could reduce a country's national debt the most.


Explanation:

Raising taxes while lowering spending would be the budget strategy that could potentially reduce a country's national debt the most. By increasing revenue through taxes and simultaneously decreasing expenses, the government can work towards balancing the budget and reducing overall debt levels.


Learn more about budget strategy for national debt reduction here:

https://brainly.com/question/32637189


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