Question
Which of the following is occurring when the government spending is $220 billion and tax revenue is $180 billion? a budget deficit of $400 billion
Which of the following is occurring when the government spending is $220 billion and tax revenue is $180 billion?
a budget deficit of $400 billion
a budget surplus of $400 billion
a budget deficit of $40 billion
a budget surplus of $40 billion
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Economics
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
21st Edition
1259723224, 9781259723223
