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26-04-2022
Social Studies

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If the Federal Government takes in 3 trillion in revenues and sends out 4 trillion in outlays, it is running a budget __________
a.) infraction
b.) national debt
c.) surplus
d.) deficit

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26-04-2022

Answer:

The answer is D. Deficit

Explanation:

A budget deficit occurs when expenses exceed revenue, and it can indicate the financial health of a country.

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