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When the Government's Expenses Equal Its Revenue,the Budget

Question 25

Multiple Choice

When the government's expenses equal its revenue,the budget


A) is balanced and the government debt is not changing.
B) has a deficit and the total debt is decreasing.
C) has a surplus and the government debt is increasing.
D) has a deficit and the government debt is increasing.
E) has a surplus and the total debt is decreasing.

Correct Answer:

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