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Business, 05.01.2020 15:31 Bra1nPowers

The federal government runs a budget deficit when its

a) spending outpaces revenue from taxes.
b) tax revenue outpaces its expenditures.
c) monetary policies reduce the amount of money in circulation.
d) gold reserves are inadequate to support the existing money supply.

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The federal government runs a budget deficit when its

a) spending outpaces revenue from...

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