When government spending is more than government revenues, there is a(n) a. International trade deficit. b. Interest

Question:

When government spending is more than government revenues, there is a(n) 

a. International trade deficit. 

b. Interest rate deficit. 

c. Federal budget deficit. 

d. Federal budget surplus.

e. Interest rate surplus.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: