Note AcademyNote Academy
Start

Economics (AS & A Level) · Oct / Nov 2024 · Paper 13 · Question 23

9708Fiscal policy

What does it mean when a government has a budget surplus?

  1. AGovernment revenue exceeds expenditure.
  2. BImports exceed exports.
  3. CThe government has an expansionary fiscal policy.
  4. DThe national debt is increasing.

As printed in the paper

Show the answer

Correct answer: A. Government revenue exceeds expenditure.

Sit this whole paper →More on Fiscal policy

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.