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    Macroeconomics Study Set 40
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    Exam 13: Fiscal Policy
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    -What Is the Amount of the Surplus or Deficit Incurred
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-What Is the Amount of the Surplus or Deficit Incurred

Question 75

Question 75

Multiple Choice

  -What is the amount of the surplus or deficit incurred in year 1 by the government shown in the above table? A)  $240 billion surplus B)  $0 C)  $25 billion deficit D)  $25 billion surplus
-What is the amount of the surplus or deficit incurred in year 1 by the government shown in the above table?


A) $240 billion surplus
B) $0
C) $25 billion deficit
D) $25 billion surplus

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