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  2. Topic
    Political Science
  3. Study Set
    California Politics A Primer
  4. Exam
    Exam 8: The California Budget Process
  5. Question
    When Expenses Exceed Revenues,the State Has ______
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When Expenses Exceed Revenues,the State Has ______

Question 42

Question 42

Multiple Choice

When expenses exceed revenues,the state has ______.


A) bonded debt
B) a budget deficit
C) debt
D) excess revenue

Correct Answer:

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