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svetlana [45]
3 years ago
6

A federal budget deficit occurs when the government’s spending exceeds the amount of money it brings in. Please select the best

answer from the choices provided T F
Social Studies
2 answers:
ivolga24 [154]3 years ago
3 0
True! A deficit means you have less money than you have already spent
andrew-mc [135]3 years ago
3 0

Answer: T: True

Explanation:

A federal budget deficit is known to happen when the government uses more money than the amount of the income or revenue they get. Thus, this might be as a result of using more than the money government get or generate from taxes which can lead to financial loss.

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