Is the following statement TRUE or FALSE? Please provide reason for the answer. If tax revenues are lesser government expenditures in a year, the budget deficit would be negative.
Is the following statement TRUE or FALSE? Please provide reason for the answer. If tax revenues are lesser government expenditures in a year, the budget deficit would be negative.
Chapter17: Federal Deficits, Surpluses, And The National Debt
Section: Chapter Questions
Problem 7SQ
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Is the following statement TRUE or FALSE? Please provide reason for the answer.
If tax revenues are lesser government expenditures in a year, the budget deficit would be negative.
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