A budget deficit is:
A) the amount of money a government spends beyond the net revenue it brings in.
B) the amount of net revenue a government brings in beyond what it spends.
C) the total amount of money that a government owes.
D) the total amount of money that a government is owed.
Correct Answer:
Verified
Q87: The government budget involves:
A) money coming in
Q89: Transfer payments:
A) are payments from government accounts
Q101: Economists usually suggest that the best way
Q102: During a recession, government deficits can grow
Q107: A major distinction to be made is
Q127: Which country in the world has a
Q128: If the MPC is 0.5,and the government
Q129: If the government wishes to increase GDP
Q133: If the government wishes to decrease GDP
Q135: If the MPC is 0.9,and the government
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