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Business, 05.03.2020 05:44 kahmir15

How does a government budget deficit occur? A nation earns more on exports than it spends on imports. A government's spending exceeds its tax revenues. A government's tax revenues exceed its spending. If a nation carries a public debt, it must be running a deficit every year.

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How does a government budget deficit occur? A nation earns more on exports than it spends on imports...
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