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JAMB - Economics (1978 - No. 2)

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 in 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

Penjelasan

A budget deficit occurs when the government spends more than it receives.

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