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Liono4ka [1.6K]
4 years ago
8

The __________ is the difference between annual government expenditures and revenues.

Business
2 answers:
sergiy2304 [10]4 years ago
7 0
The standardized deficit <span>is the difference between annual government expenditures and revenues.
This calculation is made on the assumption that the market is on full employment. The difference between expenditures and revenues in this matter could be used to determine whether the government has run its operations efficiently or not.</span>
jeka944 years ago
7 0

Answer:

The deficit is the correct answer.

Explanation:

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