If the Federal Government Has a Budget Deficit,then It Is

question 2

Multiple Choice

If the federal government has a budget deficit,then it is definitely the case that

• A)the tax revenue exceed government outlays.
• B)the tax revenue and government outlays are equal.
• C)the tax revenue is falling and government outlays are rising.
• D)government outlays exceed tax revenue.
• E)the tax revenue is rising and government outlays are falling.

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Definitions:

Landrum-Griffin Act

A U.S. law enacted in 1959, officially known as the Labor-Management Reporting and Disclosure Act, aimed at regulating labor unions and protecting union members' rights.

Financial Reports

Documents that provide an overview of a business's financial condition, including balance sheets, income statements, and cash flow statements.

Authorization Cards

Cards signed by employees to indicate their wish to be represented by a union for the purposes of collective bargaining.

Bargaining Unit

A group of employees with a clear and identifiable community of interests who are represented by a single labor union for purposes of collective bargaining.