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trancy trancy
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4 years ago
If government spending is $650 billion while government revenue is $950 billion, the government is said to have a

▸ $300 billion budget deficit.

▸ $300 billion budget surplus.

▸ $1,600 billion budget balance.

▸ $950 billion budget deficit.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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Answer verified by a subject expert
Jacobian S.Jacobian S.
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Posts: 388
4 years ago
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trancy Author
wrote...

4 years ago
Good timing, thanks!
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Brilliant
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