When the Federal Government Spends More in a Year Than

question 93

Multiple Choice

When the federal government spends more in a year than it receives in tax revenues,the result is called a:

• A)federal reserve allowance.
• B)federal deficit.
• C)GDP deflator.
• D)balance of payments deficit.

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Definitions:

Close Friends

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A theory suggesting that the aging process involves a gradual withdrawal or disengagement from social roles, relationships, and activities.

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