Ask Question
17 May, 11:18

The amount by which federal spending exceeds revenue in a given year is known as ap gov multiple choice

+2
Answers (1)
  1. 17 May, 11:25
    0
    The amount by which federal spending exceeds revenue in a given year is known as budget deficit. Having a budget deficit means that the government spent more money than they made in a current year. When this happens the government owes money to others because they had to borrow from accounts to pay off debt.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The amount by which federal spending exceeds revenue in a given year is known as ap gov multiple choice ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers