
-The above table gives the government outlays and tax revenues from 2008 through 2012 for two countries.In 2010 country A had a ________ and country B had a ________.
A) budget deficit;budget deficit
B) budget deficit;budget surplus
C) balanced budget;budget deficit
D) budget surplus;budget surplus
E) budget surplus;budget deficit
Correct Answer:
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Q14: If the federal government has a budget
Q15: When the government's outlays equal its tax
Q16: Q17: The government collects tax revenue of $100 Q18: When tax revenues equal government outlays,the situation![]()
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