The government has a balanced budget if O the money supply is less than total expenditures. O its total revenues are less than its total expenditures. O its total revenues are greater than its total expenditures. O its total revenues are equal to its total expenditures.
The government has a balanced budget if O the money supply is less than total expenditures. O its total revenues are less than its total expenditures. O its total revenues are greater than its total expenditures. O its total revenues are equal to its total expenditures.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter30: Government Budgets And Fiscal Policy
Section: Chapter Questions
Problem 49CTQ: Do you agree or disagree with this statement: It is in the best interest of our economy for Congress...
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Easy beginner econ question. Thank you!
![The government has a balanced budget if
the money supply is less than total expenditures.
its total revenues are less than its total expenditures.
its total revenues are greater than its total expenditures.
its total revenues are equal to its total expenditures.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fac5283e3-f6aa-49e5-88cf-4d2e121a7698%2Faf64f4ed-1735-4319-9311-047162956385%2F6schi3f_processed.png&w=3840&q=75)
Transcribed Image Text:The government has a balanced budget if
the money supply is less than total expenditures.
its total revenues are less than its total expenditures.
its total revenues are greater than its total expenditures.
its total revenues are equal to its total expenditures.
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