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    Macroeconomics Study Set 68
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    Exam 13: Fiscal Policy, Deficits, and Debt
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    The Amount by Which Government Expenditures Exceed Revenues During a Particular
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The Amount by Which Government Expenditures Exceed Revenues During a Particular

Question 136

Question 136

Multiple Choice

The amount by which government expenditures exceed revenues during a particular year is the


A) public debt.
B) budget deficit.
C) full employment.
D) GDP gap.

Correct Answer:

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