Author: MCQsLoader

A budget Deficit occurs when:

(A) When Income is less than expenditures
(B) When loans are less than grants
(C) When earning is less than debt servicing
(D) None of these

Answer: (A) When Income is less than expenditures

In economic terms, a “bull” is:

(A) The opposite of bear
(B) An investor who excepts the price of a security to rise
(C) Both A and B
(C) None of these

Answer: (A) The opposite of bear