In 2007, Denmarkʹs Government Had Expenditures of $157 Billion and Spending

question 136

Multiple Choice

In 2007, Denmarkʹs government had expenditures of $157 billion and spending of $171 billion. GDP in 2007 was $312 billion. The government ran a budget and government debt____________

• A) surplus; increased
• B) surplus decreased
• C) deficit; increased
• D) deficit; decreased

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Definitions:

Guidelines

A set of recommendations or principles given to direct action or to determine a course of action.

Social Institution

Established systems of societal norms and structures that govern the behavior and practices of individuals within a community, such as family, religion, and education.

U.S. Census Bureau

The federal agency responsible for collecting and analyzing data about the American people and economy, primarily known for conducting the decadal census.

Family Configurations

Various forms or structures of a family unit, such as nuclear families, single-parent families, extended families, etc.