Economics · Public Finance
Which of the following situations is associated with a negative Public Sector Net Cash Requirement (PSNCR)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Public Sector Debt Repayment (PSDR) becomes negative.
- 2The government is running a budget surplus.✓
- 3The government's expenditure exceeds its income.
- 4The government is running a budget deficit.
Correct answer
The government is running a budget surplus.
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