If net taxes exceed government expenditures, the government sector has a budget and government saving is .
A) surplus; positive
B) deficit; negative
C) surplus; negative
D) deficit; positive

Question

Quizplus · Accepted Answer

If net taxes exceed government expenditures, then the government has a surplus budget. This means that the government is saving money, so government saving is positive.

If Net Taxes Exceed Government Expenditures, the Government Sector Has