📝 Multiple Choice Question
Economics
In which of the following situations does the government run a deficit budget?
A
When the government expenditure and revenue both are zero.
B
When the government expenditure exceeds revenue.
C
When the government expenditure equals revenue.
D
When the government revenue exceeds expenditure.
Explanation
A deficit budget occurs when a government's total expenditures surpass its total revenues generated from taxes and other sources in a given fiscal year.
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