Multiple Choice
A budget surplus occurs if government spending:
A) Equals tax revenues.
B) Is greater than tax revenues.
C) Is less than tax revenues.
D) Causes tax revenues to increase.
Correct Answer:
Verified
Related Questions
Q115: Figure 12.2: Q116: If the federal government uses its budget Q117: The following table shows a hypothetical relationship Q118: A budget deficit occurs if government spending:
A)
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