In 2017, Country a Has Net Taxes of $30 Million

Multiple Choice

In 2017, Country A has net taxes of $30 million and government expenditures of $35 million.Private saving in Country A is $5 million and consumption expenditure is $80 million.The government of Country A is running a budget _______ and national saving is _______.

A) surplus; $25 million
B) deficit; $5 million
C) surplus; $5 million
D) deficit; zero
E) deficit; - $5 million