Recent

  • Show all results for ""
Budget Deficits
3 Questions
0 Views

Budget Deficits

Created by
@HandsomeNobility

Questions and Answers

What does a budget deficit indicate?

  • Government revenue being completely utilized
  • Government revenue exceeding government spending
  • Government spending exceeding government revenue (correct)
  • Government spending equal to government revenue

    • How can a government finance a budget deficit?

  • Reducing public spending
  • Reducing taxes
  • Issuing bonds (correct)
  • Increasing trade tariffs

    • What impact can a persistent budget deficit have on a country's economy?

  • Reduction in inflation rates
  • Strengthening of the national currency
  • Decreased unemployment rates
  • Increased government debt and interest payments (correct)

    • More Quizzes Like This

    Indian Budget 2023-24 Quiz
    3 questions

    Budget 2023-24 Quiz: Questions and Answers on Indian Budget

    LuminousVerdelite avatar
    LuminousVerdelite
    Understanding the Indian Budget: Revenue, Expenditure, Deficit, and Taxation
    8 questions

    Understanding the Indian Budget: Revenue, Expenditure, Deficit, and Ta...

    WellRunMaracas avatar
    WellRunMaracas
    Government Spending and Its Economic Impact
    12 questions

    Government Spending and Its Economic Impact

    WellMadeLynx avatar
    WellMadeLynx
    Economics Lecture 4: Budget Surpluses and Deficits
    11 questions

    Economics Lecture 4: Budget Surpluses and Deficits

    NiftyRhinoceros avatar
    NiftyRhinoceros
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser