If taxes exactly equaled government outlays the

Name: If taxes exactly equaled government outlays the
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If taxes exactly equaled government outlays, it would mean that the government is not spending more than it is collecting in taxes, which would result in a budget deficit of zero (i.e., the government is not borrowing any money to finance its expenditures). Therefore, the correct choice is B.

If Taxes Exactly Equaled Government Outlays the