If government expenditure exceeds revenue, this result in...
If government expenditure exceeds revenue, this result in
Balanced budget
National debt
Budget deficit
Budget surplus
Correct answer is C
A budget deficit occurs when expenses exceed revenue.
The desire for goods without the ability to pay is called ...
Product differentiation in monopolistic competition implies that ...
A consumer purchasing a commodity X will maximize his satisfaction if ...
It is important to measure the National Income of a country because ...
International trade is different from internal trade because of the ...
If government increases in its expenditure on public works, the desired effect is ...
If the marginal propensity to save is 0.8, calculate the multiplier? ...
When a worker changes from one type of job to another, it is called ...
The demand curve facing the monopolist in the foreign market is_________ ...
If the foreign exchange rate is N80 to £1, then a bicycle bought for £40 will cost ...