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Business, 26.07.2019 17:30 issaaamiaaa15

The budget of an economy is said to be in deficit when: a. there is a loss of value of a country's currency with respect to one or more foreign reference currencies. b. anticipated inflation rate exceeds its actual rate. c. federal revenues exceed outlays. d. federal outlays exceed revenues.

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The budget of an economy is said to be in deficit when: a. there is a loss of value of a country's...
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