What happen when a country is running a budget deficit? a. The amount of government expenditures exceed
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Question:
What happen when a country is running a budget deficit? |
a. | The amount of government expenditures exceed the country's total tax revenue. | |
b. | The country is also certainly running a negative trade balance. | |
c. | The unemployment rate must be above 10 %. | |
d. | The country needs to issue treasury bills in order to reduce the budget deficit. |
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