Suppose governmental expenses are rising rapidly. What is NOT a strategy the government could use to solve the situation(1 point)

Question

Responses

Increase corporate tax rates for the upcoming year
Increase corporate tax rates for the upcoming year

Implement a government hiring freeze
Implement a government hiring freeze

Lower prices on food and gasoline
Lower prices on food and gasoline

Make cuts to educational spending

Answer 1

The strategy that is NOT typically used by a government to solve the situation of rising governmental expenses is:

Lower prices on food and gasoline

Governments do not directly control prices for food and gasoline, and lowering these prices is not a typical fiscal strategy to address rising expenses. The other options, such as increasing corporate tax rates, implementing a hiring freeze, and making cuts to educational spending, are all potential actions that could be taken to manage government spending.