In the context of the sentence, the most fitting definition for the word "deficit" is "shortage." This aligns with its origin from the Latin word "deficere," meaning "to lack." Therefore, the correct answer is:
Shortage
"Congress contemplates increasing taxes when the government faces a budget deficit."
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Surplus
Shortage
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1 answer
In the context of the sentence, the most fitting definition for the word "deficit" is "shortage." This aligns with its origin from the Latin word "deficere," meaning "to lack." Therefore, the correct answer is:
Shortage