A GOVERNMENT SURPLUS IS A) WHEN IT SPENDS MORE THAN ITS INCOME.B)...

56) - TEST BANK FOR MACROECONOMICS 4TH EDITION BY WILLIAMSON
TEST BANK FOR MACROECONOMICS 4TH EDITION BY WILLIAMSON
56) A government surplus is A) when it spends more than its income.B) when it owes more than what it is owed.C) when its income is higher than its spending.D) when it is owed more than what it owes.Answer: CQuestion Status: Previous Edition