If the Federal Government's Expenditures Are Less Than Its Tax

question 78

Multiple Choice

If the federal government's expenditures are less than its tax revenues,then

• A)a budget surplus results.
• B)a budget deficit results.
• C)the budget is balanced.
• D)No conclusion can be drawn here regarding the budget surplus or deficit without information regarding government purchases versus other outlays.

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Definitions:

U.S. Marines

A branch of the United States Armed Forces responsible for providing power projection from the sea, using the mobility of the U.S. Navy to deliver combined-arms task forces rapidly.

Occupation

A person's job or profession, or the control and settlement of an area by a foreign power.

Black Americans

Refers to American citizens or residents of African descent, often with a history tied to slavery and civil rights struggles in the United States.

NAACP

The National Association for the Advancement of Colored People, a civil rights organization founded in 1909 to fight for justice for African Americans.