If the federal government has a budget surplus,then it is definitely the case that
A) tax revenue exceeds government outlays.
B) tax revenue and government outlays are equal.
C) the tax revenue is falling and government outlays are rising.
D) government outlays exceed tax revenue.
E) the tax revenue is rising and government outlays are falling.
Correct Answer:
Verified
Q9: When tax revenue _ outlays is positive,then
Q10: Q11: When tax revenues minus outlays is Q12: When the government's expenditures exceed its tax Q13: Q15: When the government's outlays equal its tax Q16: Q17: The government collects tax revenue of $100 Q18: When tax revenues equal government outlays,the situation Q19: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
I.positive,the government