Question Please select the correct term for each statement below. National savings, budget deficit, capital, inflow, budget, surplus, and budget balance a. the difference between the amount the government collects and how much it spend. b. when government savigns are combined with all of the privately-held savings from across the country. c. the result when the government spends more money than it takes in through taxes. d. the net amount of funds coming into a country. e. when the government spends less money than it takes in through taxes.
Question Please select the correct term for each statement below. National savings, budget deficit, capital, inflow, budget, surplus, and budget balance a. the difference between the amount the government collects and how much it spend. b. when government savigns are combined with all of the privately-held savings from across the country. c. the result when the government spends more money than it takes in through taxes. d. the net amount of funds coming into a country. e. when the government spends less money than it takes in through taxes.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Question
Please select the correct term for each
statement below. National savings, budget
deficit, capital, inflow, budget, surplus, and
budget balance
a. the difference between the amount the
government collects and how much it
spend.
b. when government savigns are combined
with all of the privately-held savings from
across the country.
c. the result when the government spends
more money than it takes in through taxes.
d. the net amount of funds coming into a
country.
e. when the government spends less money
than it takes in through taxes.
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