Solved

The Government's Budget Deficit or Surplus Equals the

Question 103

Multiple Choice

The government's budget deficit or surplus equals the


A) change in revenue minus the change in outlays.
B) change in outlays divided by the change in revenue.
C) average outlay divided by average revenue.
D) total tax revenue minus total government outlays.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q98: Tax revenues during recessions and during expansions.
A)decrease;

Q99: -In the above</p></div><svg width=

Q100: A country has been in existence for

Q101: -Economic data for</p></div><svg width=

Q102: All of the following are part of

Q104: The supply- side effects of a cut

Q105: The aggregate demand curve is shifted rightward

Q106: -In the above</p></div><svg width=

Q107: The government budget deficit tends to decrease

Q108: -In the above</p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents