If Net Taxes Are Less Than Government Outlays,the Government Sector

question 5

Multiple Choice

If net taxes are less than government outlays,the government sector has a budget ________ and government saving ________.

• A) surplus; is positive
• B) deficit; cannot be used for discretionary fiscal policy
• C) deficit; is negative
• D) None of the above answers is correct.

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Definitions:

Participative Style

A leadership approach that emphasizes involving team members in decision-making and valuing their input and feedback.

Personal Prestige

The respect, admiration, or esteem a person has acquired based on their achievements, character, or qualities.

Social Skills

Abilities used to communicate and interact effectively with others in a socially appropriate manner.

Group Processes

The dynamics, interactions, and behaviors that occur within a group of individuals working together.