Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Sagot :
One effect of Louisiana states budget deficit in 2016 was that the state tripled its taxes to meet the deficit.
What is Budget deficit?
A budget deficit is a situation where expenses exceed revenue and indicate the financial health of a state or country.
Budget deficit usually occurs when the government is unable to meet up with its financial obligations due to a sharp drop in revenue.
This can be influenced by several factors such as a drop in oil revenue as in the case of Louisiana.
Learn more about budget deficit at https://brainly.com/question/26010226
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.