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5 years ago
If a government's income tax receipts exceed its expenditures, the government is running a
A) surplus and is a net borrower of funds.
B) surplus and is a net saver of funds.
C) deficit and is a net borrower of funds.
D) deficit and is a net saver of funds.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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5 years ago
Thanks for your help!!
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Smart ... Thanks!
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Helped a lot
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