d. profitable; equitable e. equitable; efficient Clear my choice Which of the following is correct? a. If the government spends less money than its revenue, this is called a budget deficit. b. When the government spends more money than it has, it has a budget surplus. c. Government revenue comprises only taxes and borrowings. d. When the central bank buys government bonds to finance government expenditure, this is called inflationary financing. The Umsunduzi Municipality is an example of ...
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