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Solve the Problem. -Suppose the Government Has a Unified Net Income of $70

Question 212

Multiple Choice

Solve the problem.
-Suppose the government has a unified net income of $70 billion, but was supposed to deposit $170 billion in the Social Security trust fund. What was the on-budget surplus or deficit?


A) $240 billion surplus
B) $100 billion surplus
C) $240 billion deficit
D) $100 billion deficit

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