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13 April, 08:01

A budget surplus

a. exists when government spending is greater than tax revenues.

b. causes government debt to increase.

c. occurs when the government has debt equal to zero.

d. reduces the government's debt.

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Answers (1)
  1. 13 April, 09:09
    0
    A surplus is an extra amount of money, it reduces the government’s debt - d.
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