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A budget deficit means

A budget deficit means
  • A. That a country is buying more than is selling
  • B. That a country is selling more than is buying
  • C. That a government is spending more than in takes in taxation
  • D. That a government is spending less than it takes in taxation
  • E. That a government is spending as much as it takes in taxation
Correct Answer: Option C
Explanation
No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here

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Contributions (77)

Philex
5 years ago
I go wit C cos govt spendins exceed d revenue generated 4rm tax.
kristine
8 months ago
A budget deficit simply means that the country is currently importing more than it is exporting. It is buying more than it is selling. A surplus means it is selling [exporting] more than it is buying [importing]. Therefore the answer is A
c is the correct answer
okjdiamond
4 years ago
c is d coret ans.....budget deficit occurs wen government proposed expenditure exceeds it estimated revenue.
dammy mary
3 years ago
the answer is "c"
  • Adeconomist: The purchasing power of deficit is that high expense, lower income generating for the government. definitely the economy is not balance. In term of the economy target.
    Like 0    Dislike 0   18 hours ago
Young Entrepreneur
5 years ago
The answer is C which is budget deficit. When government spend more than what he budgeted is called deficit but if less than is termed as budget surplus.
aduara israel
3 years ago
c is the correct answer ....if the government is spending more than it takes in taxation.... it surely affect the economy of the country which will result as a inflation in cost of goods and services.
Lachriste
3 years ago
The reason for that answer is that the government spending is regarded as proposed government expenditure while taxation is regarded as estimated government revenue.
lovina
1 month ago
how can a human being say the ans is A,guyss you should settle down and think first before you rush and ans questions,this is why we always fail during JAMB,the ans is C
jooe
5 years ago
c is correct,dat is 2 say wen there is a higher degree planned of a govt expenditure nd d decrease planned on her income revenue on both visible nd invisible import n export on dat yr transaction,dat is 2 say d buldget is deficited.
Gifted ore
2 years ago
true.
JJ.Efebest
2 years ago
To make it short,governments income in tax is lesser than its expenditure
Vioncy
1 year ago
The question is wrongly composed:

The questions i answered is different from the answers given.... I answered 2016 questions and the answers given are for 1978 questions....WHY?
ogwuchejames
2 years ago
yea ans c is de corret answer beco budget deficit in oder way round is the of govt spending wat their aim as taxation.
Aniedee
4 years ago
C is correct, because budget deficit means a situation were by govt expenditure is greater than gvt income,therefore if gvt is spending more than what d received in tax it is totally budget deficit!

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