A federal deficit occurs when
A) federal spending is less than federal revenue
B) federal spending is greater than federal revenue
C) federal borrowing is greater than federal revenue
D) federal revenue is greater than federal borrowing
Correct Answer:
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Q8: If you earn less than $10,000 you
Q9: Types of government spending includes
A)spending determined by
Q10: In 2012 the third largest source of
Q11: Nondiscretionary spending by the government would include
Q12: Federal debt is
A)an accumulation of deficit borrowing
Q14: The largest source of revenue for the
Q15: The _ is a level of income
Q16: The federal government raises revenue primarily from
A)Social
Q17: Use the graph for questions 
Q18: In year one the federal government experienced
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