A Budget deficit is a. The excess of revenues over expenditures for a particular year b. The excess of expenditures over revenues for a particular year c. All the options are wrong d. When revenues and expenditures are same for a particular year
A Budget deficit is a. The excess of revenues over expenditures for a particular year b. The excess of expenditures over revenues for a particular year c. All the options are wrong d. When revenues and expenditures are same for a particular year
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
A Budget deficit is
a.
The excess of revenues over expenditures for a particular year
b.
The excess of expenditures over revenues for a particular year
c.
All the options are wrong
d.
When revenues and expenditures are same for a particular year
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