Solve the Problem. -In 2011, a Country's Government Projected Total Receipts of $2590

Multiple Choice

Solve the problem.
-In 2011, a country's government projected total receipts of $2590 billion ($2.590 trillion) and a deficit of $223 billion for 2013. If outlays turn out to be higher than expected by 6% while receipts
Turn out to be lower by 5%, what would the 2013 surplus or deficit be?

A) $519 billion deficit
B) $521 billion deficit
C) $75 billion deficit
D) $73 billion deficit