A government budget deficit is
A) an excess of government spending over government revenues during a given time period.
B) a situation in which the government's spending is exactly equal to the total taxes and other revenues it collects during a given time period.
C) the total value of all outstanding federal government securities.
D) all federal government debt irrespective of who owns it.
Question 2
Corporate profits are taxed twice because
A) taxes are collected on profits before profits are distributed to shareholders.
B) the government wants to minimize the amount of tax paid on capital gains.
C) it is economically efficient to reduce the amount of retained earnings.
D) capital gains are not indexed to the rate of inflation.
Giraffe bending down to drink. The animal's rete mirabile prevents excess blood flow to the bra
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Excess heat capacity chart
The oceans continue to absorb most of the excess energy trapped by greenhouse gases
Government Corruption versus GDP per Capita, 2009
Government in America: People, Politics, and Policy, AP