MCQOPTIONS
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| 1. |
Statement: Let us increase the taxes to cover the deficit.Assumptions:I. The present taxes are very low.II. Deficit in a budget is not desirable.III. If the taxes are not increased, the deficit cannot be met. |
| A. | Only I and II are implicit |
| B. | Only II and III are implicit |
| C. | Only I and III are implicit |
| D. | All are implicit |
| Answer» C. Only I and III are implicit | |