If a government is running deficit, this means

Economics

JAMB 1979

A. A term of trade are unfavourable
B. more project cannot be undertaken
C. Tax inflow is greater than expenditure
D. aggregate demand is greater than aggregate supply
E. tax inflow is less than expenditure

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Correct Answer: Option E

Explanation

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If a government is running deficit, this means

Correct Answer: Option E

Explanation

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