A government incurs a budget deficit when
A) imports are greater than exports.
B) exports are greater than imports.
C) taxes are greater than government expenditure.
D) taxes are less than government expenditure.
E) None of these
Correct Answer:
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A)the amount of
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A)government purchases of goods and
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Q120: National saving equals
A)Y-C - G - I
Q121: Which of the following statements is true?
A)The
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