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Table 151 The Data in the Table Represents Budget Figures for the \\
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Question 7

Multiple Choice

Table 15.1
 Federal govermment purchases of  goods and services $455 million  Transfer payments $85 million  Tax revenue $405 million  Interest payment on existing debt $60 million  Seigniorage $10 million  Newly-issued government bonds $185 million \begin{array}{l|r}\text { Federal govermment purchases of } & \\\text { goods and services } & \$ 455 \text { million } \\\hline \text { Transfer payments } & \$ 85 \text { million } \\\hline \text { Tax revenue } & \$ 405 \text { million } \\\hline \text { Interest payment on existing debt } & \$ 60 \text { million } \\\hline \text { Seigniorage } & \$ 10 \text { million } \\\hline \text { Newly-issued government bonds } & \$ 185 \text { million }\end{array}
The data in the table represents budget figures for the nation of Arugula for 2012.
-Refer to Table 15.1.The budget deficit for Arugula in 2012 is


A) $135 million.
B) $195 million.
C) $380 million.
D) $600 million.

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