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Author Question: If central government's spending exceeds its tax receipts, this would referred to as (Read 55 times)

ETearle

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Question 1

How will expectations influence the rate of inflation?

Question 2

If central government's spending exceeds its tax receipts, this would referred to as
◦ national debt.
◦ a monetary deficit.
◦ a budget deficit.
◦ negative public-sector net borrowing.


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Marked as best answer by ETearle on May 25, 2020

firehawk60

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ETearle

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)


shailee

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Reply 3 on: Yesterday
Excellent

 

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