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    Economics Principles and Policy Study Set 2
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    Exam 32: Budget Deficits in the Short and Long Run
  5. Question
    Budget Surplus Is the Amount by Which the Government's Receipts
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Budget Surplus Is the Amount by Which the Government's Receipts

Question 64

Question 64

True/False

Budget surplus is the amount by which the government's receipts exceed expenditures during a specified period of time, usually a year.

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