Which of the Following Correctly Describes a Government's Deficit

question 81

Multiple Choice

Which of the following correctly describes a government's deficit?

• A) It is the level of crowding out caused when government expenditure is increased.
• B) It is the difference between government spending and taxation.
• C) It is the amount of funds that have not been spent out of tax receipts.
• D) It is the difference between the exports and imports of a country.

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Definitions:

Undue Influence

Unfair manipulation or pressure exerted on a person, overriding their free will or judgment, often in legal or financial contexts.

Assertion

A confident and forceful statement of fact or belief, made without needing proof.

False

Untrue or not correct; not corresponding to truth or reality.

Nondisclosure

An obligation not to reveal confidential information or secrets.