ECONOMICS
BUDGET DEFICITS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Gov’t spending that exceeds revenues
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Budget Deficit
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Debt
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Taxes
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Plunder
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Explanation:
Detailed explanation-1: -2. When government expenditure is greater than government revenue, it is called Surplus Budget. 3. During the period of inflation, Surplus Budget is advisable.
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