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The Government Budget Deficit or Surplus Is the Difference Between

Question 77

Multiple Choice

The government budget deficit or surplus is the difference between what a government ________ and what it ________ in a year.


A) pays for imports; spends on exports
B) spends; collects in taxes
C) earns from transfers; pays in transfers
D) spends on programs; gives away in foreign aid

Correct Answer:

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