Which of the following statements about a country's budget is not true? Budget deficit occurs when the government spending exceeds the taxes collected A budget surplus is always beneficial for investors in the financial markets A country's outstanding debt may decrease during a budget surplus None of the above
Which of the following statements about a country's budget is not true? Budget deficit occurs when the government spending exceeds the taxes collected A budget surplus is always beneficial for investors in the financial markets A country's outstanding debt may decrease during a budget surplus None of the above
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter31: The Impacts Of Government Borrowing
Section: Chapter Questions
Problem 18CTQ: The U.S. government has shut down a number of times In recent history Explain how a government...
Related questions
Question
Which of the following statements about a country's budget is not true?
-
Budget deficit occurs when the government spending exceeds the taxes collected
-
A budget surplus is always beneficial for investors in the financial markets
-
A country's outstanding debt may decrease during a budget surplus
-
None of the above
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co