If net taxes exceed government expenditures, the government sector has a budget and government saving is _.
A) deficit; negative
B) surplus; positive
C) surplus; negative
D) deficit; positive
Correct Answer:
Verified
Q175: When a government has a budget surplus,
Q176: Q177: Suppose the market for loanable funds is Q178: Q179: Technological progress that increases the expected profit Q181: If China's government runs a budget surplus Q182: France's government is running a budget deficit. Q183: According to the Ricardo- Barro effect, government Q184: In the absence of the Ricardo- Barro Q185: The Ricardo- Barro effect of a government![]()
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents