If a Government Spends $2

question 105

Multiple Choice

If a government spends $2.7 billion on government programs, and receives revenues of $2.3 billion, what does the country have?

• A) a low GDP
• B) a budget deficit
• C) a high CPI
• D) an expansionary policy

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Definitions:

Teddy Bear

A soft plush toy in the shape of a bear, often given to children as a comfort object or a plaything.

Abstractly

Thinking in a way that is not tied to concrete objects or specific examples, involving conceptual, theoretical ideas.

Properties

Characteristics or attributes that define and distinguish substances, objects, or mathematical entities, such as color, shape, size, or numerical value.

Single Attribute

A characteristic or feature of an object or individual that can be isolated for consideration or analysis.