Use of the budget surplus to increase government spending or to decrease taxes would increase aggregate demand.
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Q2: An actual deficit is the deficit that
Q3: The net budget balance is total revenue
Q4: Medicare, medicaid, and Social Security are the
Q5: If receipts exceed outlays there is a
Q6: The fiscal imbalance is a measure of
Q8: A budget debt occurs when government expenditures
Q9: If the deficit is reduced to zero,
Q10: Most of the national debt is held
Q11: During boom times a tendency exists for
Q12: The national debt refers to the amount
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