If the Government's Revenues Are Greater Than Its Expenditures, Then

question 66

Multiple Choice

If the government's revenues are greater than its expenditures, then it has a budget:

• A)deficit.
• B)surplus.
• C)balance.
• D)equality.

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Definitions:

Exchange Rate Risk

Exchange rate risk is the potential for investors to experience losses due to changes in the exchange rate between two currencies.

International Commerce

The exchange of goods, services, and capital across international borders or territories.

Industrially Developed Nations

Countries with significant industrialization, advanced technological infrastructure, and high levels of income and standard of living.

Labor Migration

The movement of people from one geographical area to another for the purpose of employment.