If the government currently has a budget deficit,then
A)it does not necessarily have a debt.
B)its debt is increasing.
C)government expenditures are greater than taxes.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

A budget deficit occurs when a government's expenditures exceed its revenue from taxes and other sources. As a result, the government must borrow money to finance its operations, which increases its debt over time. Therefore, all of the given options are correct.

If the Government Currently Has a Budget Deficit,then