When taxes and general revenues fail to meet expenditures, a budget deficit occurs.
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Q15: The capital account is a summary of
Q16: GDP = PCE + GE + GPDI
Q17: Net exports are exports of goods and
Q18: Net exports are exports of goods and
Q19: Gross private domestic investment (GPDI) measures fixed
Q21: The Senate votes on whether to impeach
Q22: The largest proportion of government revenue comes
Q23: The largest proportion of government spending goes
Q24: Voluntary savings are financial assets set aside
Q25: Savings are impacted only by cyclical movements
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