A national government finds that its projected expenditures for the upcoming fiscal year are significantly higher than its anticipated tax collections. Arrange the following events in the logical sequence that describes how the government would typically cover this financial shortfall.
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A national government finds that its projected expenditures for the upcoming fiscal year are significantly higher than its anticipated tax collections. Arrange the following events in the logical sequence that describes how the government would typically cover this financial shortfall.
When a government's total spending for a year is greater than its total tax collections, it results in a budget deficit. To cover this shortfall, the government typically borrows funds by issuing ______.
Match each fiscal scenario with the government's most likely corresponding financial action.
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