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31 August, 05:28

The amount by which federal spending exceeds revenue in a given year is known as ap gov multiple choice

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  1. 31 August, 06:26
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    The amount by which federal spending exceeds revenue in a given year is known as budget deficit. Having a budget deficit means that the government spent more money than they made in a current year. When this happens the government owes money to others because they had to borrow from accounts to pay off debt.
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