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_____ is the amount by which annual government spending exceeds tax revenues.
a. The budget deficit
b. The budget surplus
c. The public debt
d. Government investment

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Sonia Dhawan
Sonia DhawanLv10
28 Sep 2020

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Related questions

Which of these is not a result of the federal government spending more than it earns?

A) Budget deficits
B) Budget surpluses
C) Increased national debt
D) Increased taxes

_____ is the amount by which annual tax revenues exceed government expenditures.
 
A. The budget deficit. 
B. The budget surplus. 
C. The public debt. 
D. Government investment.

The Federal budget deficit is found by

a.  subtracting government tax revenues plus government borrowing from government spending in a particular year.

b.  subtracting government tax revenues from government spending in a particular year.

c.  cumulating the differences between government spending tax revenues overall years since the nation's founding.

d.  subtracting government revenues from non-investiment type government spending in a particular year.

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