When Is a Budget Surplus Created

question 207

Multiple Choice

When is a budget surplus created?

• A) when the government sells more bonds than it buys back
• B) when the government spends more than it receives in tax revenue
• C) when private savings are greater than zero
• D) when the government spends less than the tax revenue

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Definitions:

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A hypothetical construct in psychology that explains the initiation of goal-directed behavior, contrasting with inhibitory processes.

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A psychological theory that categorizes personality based on responsiveness to rewards and punishments, focusing on the behavioral inhibition and activation systems.