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    Principles of Economics Study Set 1
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    Exam 16: Macroeconomics: The Birds Eye View of the Economy
  5. Question
    A Trade Surplus Occurs When
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A Trade Surplus Occurs When

Question 5

Question 5

Multiple Choice

A trade surplus occurs when:


A) government spending exceeds government revenue.
B) government revenue exceeds government spending.
C) exports exceed imports.
D) exports are less than imports.

Correct Answer:

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