When a Country Has a Positive Public Sector Net Cash

Multiple Choice

When a country has a positive public sector net cash requirement, it means that

A) the government has accumulated debt over a number of years.
B) central government's spending exceeds its tax receipts.
C) the total expenditure of central government, local government and public corporations exceeds the tax revenues and sales revenues collected by those bodies.
D) nationalised industries are being subsidised.