If a Local Government Collects Taxes of $250,000,has $175,000 of Government

Multiple Choice

If a local government collects taxes of $250,000,has $175,000 of government consumption expenditures,makes transfer payments of $75,000,and has no interest payments or investment,its budget would

A) show a surplus of $100,000.
B) show a surplus of $75,000.
C) be in balance with neither a surplus nor a deficit.
D) show a deficit of $75,000.