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A Government Budget Proposing To Spend More Than Its Expected Revenue In A Year Will Create _______? - Erudites Academy

A government budget proposing to spend more than its expected revenue in a year will create _______?

by | Oct 21 | Economics JAMB | 0 comments

A. Opportunity for combating inflation
B. Depression in the economy
C. Shortage in money supply
D. Opportunity for full employment

Correct Answer:

Option D – Opportunity for full employment

Explanation

When the government spends more than it collects, a budget deficit exists.

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