MarieMerkle MarieMerkle

29-05-2015
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Answered

A budget deficit results when government outlays exceed its revenue. True False

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mdb1432 mdb1432

29-05-2015

True.

When a government's spending is greater than it's revenues (income) then you accumulate a debt. This is also known as a budget deficit, as deficit means the amount by which a sum of money is too small.

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yyyyyyyooouuuuu yyyyyyyooouuuuu

24-10-2019

Answer: True :)

Please rate my answer brainliest, I'm trying to reach a goal! <3

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