Social Studies

The federal budget deficit is calculated each year by:
a. subtracting government spending from government revenues
b. subtracting consumption and investment from government spending
c. adding up consumption, investment, government purchases, and net exports
d. adding up the difference between government revenues and spending over the years of the nation's existence

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Answers: 3

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The federal budget deficit is calculated each year by:
a. subtracting government spending fr...

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