If Net Taxes Exceed Government Expenditures, the Government Sector Has

question 105

Multiple Choice

If net taxes exceed government expenditures, the government sector has a budget ________ and government saving is ________.

• A)surplus; negative
• B)deficit; negative
• C)deficit; positive
• D)surplus; positive

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Definitions:

Passion to Master

A strong desire or drive to gain proficiency or expertise in a particular skill, subject, or activity.

Gifted Children

Refers to children who demonstrate exceptional levels of aptitude or competence in one or more areas at a young age.

Creativity

The ability to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.

Novel Solutions

Refers to unique and creative answers or approaches to problems that have not been previously considered.