Multiple Choice
Government deficit can be defined as the _____.
A) difference between tax receipts and depreciation
B) difference between government spending and tax receipts
C) difference between exports and imports
D) amount spent by the government on subsidies and grants
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q64: When the level of wages in an
Q65: The long-run aggregate supply curve is _.<br>A)
Q66: Higher interest rates will lead to an
Q67: Real wages are adjusted for inflation.
Q68: The level of total expenditure in an
Q70: When national output increases and the inflation
Q71: An Indian buying a British car is
Q72: Which of the following statements is true?<br>A)
Q73: List the key macroeconomic outputs and policy
Q74: What are the components of total expenditure