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economics

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What is the budget deficit in a given year?

  • economics -

    http://en.wikipedia.org/wiki/Government_budget_deficit

  • economics -

    It could be
    The accumulated value of outstanding payments owned to the government.
    Is illegal due to he balance budget legislation.
    Has always been there and is simply a fact in life.
    Is the amount in the budget not covered by tax and other revenues.
    All of the above.

  • economics -

    You'd have saved us both time if you'd posted your choices the first time.

    I'll be glad to check your answer.

  • economics -

    THe amount in the budget not covered by tax and other revenues

  • economics -

    Right. :-)

  • economics -

    thanks

  • economics -

    You're welcome.

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