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Answer to Question #247669 in Macroeconomics for lavhe

Question #247669

If government spending is higher than current government revenue, this is known as...

  • A. the public debt.
  • B. the budget deficit.
  • C. good fiscal management.
  • D. money financing.
  • E. a deficit on the current account of the balance of payments.
1
Expert's answer
2021-10-06T09:45:40-0400


  • B. the budget deficit.




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