a ______ occurs when a person or government spends more money than has been received. a. novice b. norm c…

a ______ occurs when a person or government spends more money than has been received. a. novice b. norm c. fortification d. deficit e. i’m not sure

a ______ occurs when a person or government spends more money than has been received. a. novice b. norm c. fortification d. deficit e. i’m not sure

Answer

Brief Explanations:

In finance and economics, a deficit is when spending exceeds income. A novice is a beginner, a norm is a standard, and fortification is related to strengthening.

Answer:

d. deficit