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Swazilialand is a country where the government mandate is to have a balanced budget each year....

Swazilialand is a country where the government mandate is to have a balanced budget each year. This year the government’s tax collections brought in $50 million more than expected. Because of the balanced budget mandate, the government has to A:reduce spending by 50 million B:Increase spending by 50 million C:Increase taxes by 50 million

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Answer #1

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Option B

B: Increase spending by 50 million

A balanced budget means taxes equal to government spending. the taxes increased by $50 million so the government spending should increase by $50 million

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