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vellojo vellojo
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Posts: 2982
Rep: 4 0
7 years ago
When tax revenues exceed outlays, the government has a ________, and when outlays exceed tax revenues, the government has a ________.
A) budget surplus; budget debt
B) budget surplus; budget deficit
C) budget deficit; budget surplus
D) budget debt; budget surplus
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
Read 129 times
3 Replies
Studying economics @ Edinburgh U
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ukraniaukrania
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Posts: 1046
7 years ago
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vellojo Author
wrote...
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
wrote...
7 years ago
Happy to help Slight Smile
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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