It is not possible for the government to spend more than it collects in taxes.
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Q71: If a firm hires labor for $8,000,pays
Q72: The simple circular flow model shows that
A)households
Q73: The ultimate goal of studying the circular
Q74: A wholesale nursery purchases six dozen gladiolus
Q75: The final market value of a good
Q77: Value added is
A)the sum of all income
Q78: If a firm hires labor for $6,000,pays
Q79: Net taxes are indirect business taxes minus
Q80: Jimmy Earl,a farmer,sells $20 worth of peanuts
Q81: Suppose that the economy is in equilibrium
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