Solved

-What Is the Amount of the Surplus or Deficit Incurred

Question 100

Multiple Choice

-What is the amount of the surplus or deficit incurred in year 4 by the government shown in the above table? A) $20 billion deficit B) $35 billion surplus C) $5 billion surplus D) $320 billion surplus
-What is the amount of the surplus or deficit incurred in year 4 by the government shown in the above table?


A) $20 billion deficit
B) $35 billion surplus
C) $5 billion surplus
D) $320 billion surplus

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q95: Suppose the only revenue taken in by

Q96: A budget surplus occurs when government<br>A) outlays

Q97: The _ the interest rate, the _

Q98: If the government runs a deficit, the

Q99: Federal government outlays as a percentage of

Q101: When real GDP is less than potential

Q102: Which branches of the government play a

Q103: The cyclical deficit is the portion of

Q104: The federal government debt is equal to

Q105: The budget process includes the<br>A) President proposing