A budget deficit means
...A budget deficit means
That a country is buying more than is selling
That a country is selling more than is buying
That a government is spending more than it takes in taxation
That a government is spending less than it takes in taxation
That a government is spending as much as it takes in taxation
Correct answer is C
A budget deficit occurs when the government spends more than it receives.
If government increases in its expenditure on public works, the desired effect is ...
The tax levied on locally produced goods is ...
The total revenue of the firm is represented by ...
Contractionary monetary policy is used to ...
A major difference between a state-owned enterprise and a private enterprise is that the former ...
Positive checks as envisaged by Thamos Malthus can be prevented if ...
Which of the following statements is NOT true about agriculture in West Africa? ...
Which one of the following measures the natural growth rate of population? ...