The government has a budget surplus if
A)there is no national debt.
B)tax revenue is greater than outlays.
C)government outlays are greater than tax revenue.
D)the budget is balanced.
E)a fiscal stimulus is being used to combat a recession.

Name: The government has a budget surplus if A)there is no national debt. B)tax revenue is greater than outlays. C)government outlays are greater than tax revenue. D)the budget is balanced. E)a fiscal stimulus is being used to combat a recession.
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Question

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The Answer is B

The Government Has a Budget Surplus If