When the Government Runs a Deficit, Which of the Following

question 200

Multiple Choice

When the government runs a deficit, which of the following is true?

• A)T > TR - G
• B)G > T + TR
• C)G > TR - T
• D)T < G + TR
• E)C > Y - T + TR

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Definitions:

Disaffirm

The act of rejecting or voiding a contract or agreement, especially one entered into by a minor or under conditions that make it voidable.

Minor

An individual under the legal age of adulthood, generally unable to enter into enforceable contracts except for certain necessities.

Limited Capacity

A legal status or condition that restricts an individual's ability to legally enter into contracts due to factors like age, mental competency, or intoxication.

Contract

A commitment between two or more individuals or groups that is backed by and enforceable through the legal system.