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21 January, 20:08

If the federal government spends more than it collects in revenue, then

A) it is running a surplus.

B) it is running a deficit.

Eliminate

C) the inflation rate should decline.

D) the unemployment rate may increase.

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Answers (1)
  1. 21 January, 20:31
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    The government could be running a deficit more when it spends more than the amount it collects from tax revenue. It is the opposite of a budget surplus wherein the national debt of the government would continue to increase unless there would be a balance in their spending with respect to the tax revenue collected.
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