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Serjik [45]
3 years ago
6

What is a deficit?

Business
2 answers:
Marizza181 [45]3 years ago
8 0

Explanation:

In any single year, federal government takes in money and spends money, any year in which the government spends more than it takes out it runs a deficit.

Simora [160]3 years ago
7 0

Answer:

when a government spends more than it has collected

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