Multiple Choice
If the federal government has a budget deficit,then it is definitely the case that
A) the tax revenue exceed government outlays.
B) the tax revenue and government outlays are equal.
C) the tax revenue is falling and government outlays are rising.
D) government outlays exceed tax revenue.
E) the tax revenue is rising and government outlays are falling.
Correct Answer:
Verified
Correct Answer:
Verified
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