Solved

When Government Outlays Are Less Than Tax Revenues,the Government Has

Question 29

Multiple Choice

When government outlays are less than tax revenues,the government has


A) a budget with a negative debt.
B) an illegal budget because outlays must exceed tax revenues.
C) a budget with a positive balance.
D) a budget surplus.
E) a budget deficit.

Correct Answer:

verifed

Verified

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

Related Questions

Q9: -When the government's</p></div><svg width=

Q11: -The government debt</p></div><svg width=

Q15: National debt decreases in a given year

Q16: The table above</p></div><svg width=

Q17: The table above</p></div><svg width=

Q18: A credit rating provides information on an

Q20: -If government revenues</p></div><svg width=

Q25: When the government's expenses equal its revenue,the

Q31: -The above table</p></div><svg width=

Q34: The government debt is
A)the excess of this

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