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vellojo vellojo
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7 years ago
In 2007, Norway's government had revenue of $226.3 billion and  expenditures of $158.7 billion.  At the same time, GDP totalled $392 billion and government debt was about 67 percent of GDP.  In 2007, Norway's government ran a government budget ________ and government debt ________.
A) surplus; decreased
B) deficit; decreased
C) deficit; increased
D) surplus; increased
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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7 years ago
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vellojo Author
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#2
7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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#3
3 years ago
Great jlg!
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#4
3 years ago
cool
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