In Australia for the year 2013/14,the Commonwealth government had a ________ so the national debt was ________.
A) budget surplus;increasing
B) budget deficit;increasing
C) budget deficit;decreasing
D) balanced budget;not changing
E) budget surplus;decreasing
Correct Answer:
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Q1: When revenues exceed the government's expenses, the
Q5: In the 2013/14 Commonwealth budget,the Australian government
Q6: The largest Commonwealth government expenses in the
Q8: The use of the Commonwealth budget to
Q9: The two purposes of the Commonwealth budget
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