When government revenue exceeds government spending, the nation has a Select one: a. trade deficit. b. government budget surplus. c. trade surplus. d. government budget deficit.
Added by Ondrej P.
Step 1
- Government revenue: The money received by the government from taxes and other sources. - Government spending: The money spent by the government on public services, infrastructure, etc. - Trade deficit: When a country's imports exceed its exports. - Government Show more…
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