Back to Questions
Want to know:
If a government spends more than it receives during a year, then during this year it experiences a ________, and if it spends less than it receives, it experiences a ________.A.budget deficit; balanced budgetB.budget surplus; balanced budgetC.budget deficit; budget surplusD.budget surplus; budget deficit
Get a detailed, AI-powered explanation for this question and thousands more on StudyFetch.
Get the Answer for FreeHow StudyFetch Helps You Master This Topic
AI-Powered Answers
Get instant, detailed explanations powered by AI that understands your course material.
Deep Understanding
Go beyond surface-level answers with step-by-step breakdowns and examples.
Personalized Learning
Spark.E adapts to your learning style and helps you connect ideas.
Practice & Test
Turn any question into flashcards, quizzes, and practice tests to solidify your knowledge.
Explore More Questions
- a highly aggregated market encompassing all resources (labor, physical capital, land, and entrepreneurship) contributing to the production of current output-includes market for labor services, natural resources, and physical capital-business firm demand resource to produce goods and services-households supply labor and other resources to get income-payments made to household sum up to national income -income is used 4 tax, finance gov expenditures, buy goods and services
- When the Federal Reserve acts as a lender of last resort, does that represent a bail out of the banks?
- If the Consumer Price Index was 90 in one year and 100 in the following year, then the rate of inflation is approximatelyA) 9 percent.B) 10 percent.C) 11 percent.D) 12 percent.