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    Principles of Economics Study Set 1
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    Exam 16: Macroeconomics: The Birds Eye View of the Economy
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    A Government Is Running a Budget Deficit If
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A Government Is Running a Budget Deficit If

Question 126

Question 126

Multiple Choice

A government is running a budget deficit if:


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

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