When taxes and general revenues fail to meet expenditures, a budgetary deficit occurs.
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Q24: Voluntary savings are financial assets set aside
Q25: Contractual savings are financial assets set aside
Q25: Savings are impacted only by cyclical movements
Q27: Foreign capital did not play a significant
Q27: The federal debt is the same thing
Q28: Capital formation is the process of constructing
Q30: By definition, gross investment must equal gross
Q31: Financial assets include ownership of land, buildings,
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