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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 Deficit Is the Amount by Which the Government's Expenditures
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Budget Deficit Is the Amount by Which the Government's Expenditures

Question 134

Question 134

True/False

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

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