A budget deficit means
...A budget deficit means
That a country is buying more than is selling
That a country is selling more than is buying
That a government is spending more than it takes in taxation
That a government is spending less than it takes in taxation
That a government is spending as much as it takes in taxation
Correct answer is C
A budget deficit occurs when the government spends more than it receives.
To protect farmers during a bumper harvest, the government usually ...
The major function of money market is to ...
..................... is the highest body in ECOWAS organogram ...
Less developed countries obtain foreign exchange reserves mainly from the export of ...
Which of the following is NOT true about specialization or division of labour? ...
The savings deposit in a commercial bank is called____________? ...
Labour can be efficient when there are ...
One of the function of a commercial bank is that it ...
From an economic point of view, an activity does not have a cost when ...