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    Macroeconomics Study Set 43
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    Exam 13: B: Fiscal Policy, Deficits, Surpluses, and Debt
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    The Following Budget Information Is for a Hypothetical Economy
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The Following Budget Information Is for a Hypothetical Economy

Question 204

Question 204

Multiple Choice

The following budget information is for a hypothetical economy.All data are in billions of dollars. The following budget information is for a hypothetical economy.All data are in billions of dollars.   Refer to the above data.The budget deficit in year 3 is: A) $175 billion. B) $3050 billion. C) $100 billion. D) $295 billion. Refer to the above data.The budget deficit in year 3 is:


A) $175 billion.
B) $3050 billion.
C) $100 billion.
D) $295 billion.

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