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Loraine Loraine
wrote...
Posts: 4563
8 years ago
The government has a budget surplus if
A) there is no national debt.
B) tax revenue is greater than outlays.
C) government outlays are greater than tax revenue.
D) the budget is balanced.
E) a fiscal stimulus is being used to combat a recession.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 171 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
SydnieSydnie
wrote...
Top Poster
Posts: 3807
8 years ago
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wrote...
8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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