Ais sometimes referred to as a government debt, and occurs when the government spends more money than it is bringing in.
a. budget surplus
c. budget deficit
b. hyperinflation
d. stagflation

The correct answer is: budget deficit.

Budget deficit is the difference between what the government has collected (in form of taxes or revenue of state-owned companies) and what is has spent: the amount that the government spend more than earned is the deficit and it's financed by taking debt.

The correct answer would be south africa

Where are the following