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    Economics Today Study Set 1
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    Exam 14: Deficit Spending and the Public Debt
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    If the Government Spends Less Than What It Receives in Taxes
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If the Government Spends Less Than What It Receives in Taxes

Question 24

Question 24

Multiple Choice

If the government spends less than what it receives in taxes during a given interval, then the result is


A) a balanced budget.
B) an entitlement.
C) unrealized public debt.
D) a government budget surplus.

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