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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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22 votes
22 votes
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

User Mr Talha
by
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1 Answer

7 votes
7 votes

Answer:

The answer is D. Deficit

Step-by-step explanation:

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

User Jaqx
by
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