47. The federal government runs a budget surplus when Group of answer choices the economy is in a recession it buys back fewer bonds than it issues it spends more than it receives in tax revenues it spends less than it receives in tax revenues

47. The federal government runs a budget surplus when Group of answer choices the economy is in a recession it buys back fewer bonds than it issues it spends more than it receives in tax revenues it spends less than it receives in tax revenues

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

47.

The federal government runs a budget surplus when

Group of answer choices

the economy is in a recession

it buys back fewer bonds than it issues

it spends more than it receives in tax revenues

it spends less than it receives in tax revenues

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