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Question
A government budget surplus occurs during a budget year when
A) tax revenues > government spending.
B) tax revenues = government spending.
C) tax revenues < government spending.
D) tax revenues + government spending = personal income.
Answer
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Related questions
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Why should a perfect competitor produce at which price equals marginal cost?
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Q:
ʺThe slope of the demand curve gives the elasticity of demand.ʺ Do you agree or disagree?
Why?
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