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What Determines the State of the Government's Budget

Question 3

Multiple Choice

What determines the state of the government's budget?


A) The level of its spending.
B) Its tax rates.
C) Its tax rates and the exchange rate.
D) Both the level of GDP in the economy as well as tax rates and its own spending.
E) Both the level of GDP in the economy as well as tax rates and the exchange rate.

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