Forums Economics Assignment Help GCSE A budget deficit is best described as which of the following?

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  • #16074
    nammy
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    A budget deficit is best described as which of the following?
    A. Where government revenue is greater than government expenditure
    B. Where government expenditure is greater than tax collected
    C. Where the value of exports is greater than the value of imports
    D. Where value of imports is greater than the value of exports

    #16075
    nammy
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    Answer: B- Where government expenditure is greater than tax collected

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