An increase in the government ________ reduces the government's ________.
A: budget deficit; debt
B: budget surplus; debt
C: debt; budget deficit
D: None of the above answers is correct.
A: budget deficit; debt
B: budget surplus; debt
C: debt; budget deficit
D: None of the above answers is correct.
举一反三
- An increase in the government budget deficit will lead to a decrease in private investment.
- If net taxes exceed government expenditures, the government sector has a budget ________ and government saving is ________. A: surplus; positive B: surplus; negative C: deficit; positive D: deficit; negative
- An increase in the government budget deficit will lead to a decrease in private investment. A: 正确 B: 错误
- To tighten fiscal policy the government would: A: Privatise government assets B: Raise interest rates C: Increase the size of the budget deficit D: Lower government spending
- Suppose the only revenue taken in by the government is in the form of income tax, and the tax rate is 10 percent. If aggregate income is $800 billion, and government outlays are $100 billion then the government budget has A: a deficit of $20 billion. B: a surplus of $20 billion. C: neither a surplus nor a deficit. D: a deficit of $80 billion.