A Budget Deficit Is the Money Left Over for Savings

question 15

True/False

A budget deficit is the money left over for savings after expenses have been paid.

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Definitions:

Quartz

A hard, crystalline mineral composed of silicon dioxide, widely used in jewelry and as an industrial abrasive.

Medium Of Exchange

An intermediary instrument used to facilitate the sale, purchase, or trade of goods between parties.

Commodity Money

Money whose value comes from a commodity of which it is made, such as gold and silver, used historically as a medium of exchange.

Token Money

Money whose face value exceeds its cost of production.