A. surplus budget
B. deficit budget
C. balanced budget
D. minus budget
Correct Answer:
Option B – deficit budget
Explanation
Deficit budget is a situation whereby government revenue is less than government expenditure.
A. surplus budget
B. deficit budget
C. balanced budget
D. minus budget
Correct Answer:
Option B – deficit budget
Explanation
Deficit budget is a situation whereby government revenue is less than government expenditure.
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