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    Economics Principles and Policy Study Set 2
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    Exam 32: Budget Deficits in the Short and Long Run
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    A Mathematical Formula for the Deficit Would Be
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A Mathematical Formula for the Deficit Would Be

Question 183

Question 183

Multiple Choice

A mathematical formula for the deficit would be


A) C + I + G − transfers + taxes.
B) C + I + G + transfers - taxes.
C) I + G + transfers - taxes.
D) G + transfers - taxes.

Correct Answer:

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