If the goverment's budget shows a deficit, that means it will spend?

Question

A. an equal amont to what it takes in

B. less than it takes in

C. more that it takes in

D. without approval

Answer 1

C.  more than it takes in

Answer 2

B. less than it takes in

(usually)

Answer 3

C. more that it takes in

(D. Is usually correct but is never admitted!)

Answer 4

C. More than it takes in.

Answer 5

The answer is C - If the government's budget shows a deficit, that means it will spend MORE than what it takes in. This happens when the projected revenue is not met and other factors increased such as T-Bill rates, inflation rates and the Dubai oil price which affects the purchasing power of the government and of individuals. This is when the government enters into loan agreements with other countries or with international financial lending institutions, such as the World Bank or the International Monetary Fund, to cover for some of the biggest expenditures of the country.

(A) Refers to a BALANCED BUDGET where Revenues equal to Expenditures

(B) Refers to a BUDGET SAVINGS where Revenue is greater than Expenditure

(D) Does not and should not happen. A government's budget is the financial plan of the country indicating the intended revenues and expenditures for a certain period of time. It is also referred to as the General Appropriation. The National Treasury will not release money WITHOUT an appropriation specified in the National Budget or General Appropriations Act. And, although there is an appropriation (for a certain project or program), but there are no funds available in the Treasury, then there will be no approval and nothing to spend. The agency or state will have to wait for the funds to be available before they can get an approval.

The notion that there are expenditures made without approval is wrong. Some expenditures are made under the appropriation for Special Fund or Emergency Fund which does not specify as to what items/programs/projects the money will go to. This type of Fund is only included in the national budget to cover for emergency situations such as that of a natural disaster (typhoons, landslides).

Answer 6

C.  More than it takes in.

Answer 7

c

Answer 8

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Answer 9

C. more that it take in.

Answer 10

C. more than it takes in

Answer 11

C more than it takes in in the form of taxes.  The difference will be printed up and/or borrowed from foreign banks.