Actual deficits are:
A)Generally smaller than actual deficits
B)Generally larger than actual deficits
C)Identical to actual deficits
D)Opposite to actual deficits

Question

Quizplus · Accepted Answer

Actual deficits refer to the difference between actual government spending and actual government revenue, while projected deficits refer to the estimated amount of deficit based on forecasts. Actual deficits can be larger than projected deficits due to unforeseen circumstances such as economic downturns or natural disasters. Therefore, actual deficits are generally larger than projected deficits.

Actual Deficits Are