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vellojo vellojo
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7 years ago
If the government's outlays are $1.5 trillion and its tax revenues are $2.2 trillion, the government is running a budget
A) deficit of $0.7 trillion.
B) surplus of $0.7 trillion.
C) deficit of $3.7 trillion.
D) surplus of $3.7 trillion.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
yaderayadera
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Posts: 492
7 years ago
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vellojo Author
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7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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