Easy beginner econ question. Thank you! The government has a balanced budget ifthe money supply is less than total expenditures.its total revenues are less than its total expenditures.its total revenues are greater than its total expenditures.its total revenues are equal to its total expenditures.

A budget is a statement in which the expected revenue and expenditure of the government are…

The government has a balanced budget if O the money supply is less than total expenditures. O its total revenues are less than its total expenditures. O its total revenues are greater than its total expenditures. O its total revenues are equal to its total expenditures.

The government has a balanced budget if O the money supply is less than total expenditures. O its total revenues are less than its total expenditures. O its total revenues are greater than its total expenditures. O its total revenues are equal to its total expenditures.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter30: Government Budgets And Fiscal Policy

Section: Chapter Questions

Problem 52P: If a government runs a budget deficit of 10 billion dollars each year for ten years, then a surplus...

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Easy beginner econ question. Thank you!

The government has a balanced budget if
the money supply is less than total expenditures.
its total revenues are less than its total expenditures.
its total revenues are greater than its total expenditures.
its total revenues are equal to its total expenditures.

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