Economy, asked by yuvichl9861, 1 year ago

Government budget deficit occurs when government expenditures are

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Answered by Raju2392
1
Study Session 6: Fiscal Policy. Refers to the federal government's use of spending and taxation to meet macroeconomic goals. ... A budget surplus occurs when government tax revenues exceed expenditures, and a budget deficit occurs when government expenditures exceed tax revenues.
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