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    Exam 21: Saving and Capital Formation
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    If Total Government Tax Collections Equal $200 Billion, Transfer Payments
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If Total Government Tax Collections Equal $200 Billion, Transfer Payments

Question 54

Question 54

Multiple Choice

If total government tax collections equal $200 billion, transfer payments equal $75 billion, and government interest payments equal $10 billion, then net taxes equal:


A) $115 billion.
B) $125 billion.
C) $190 billion.
D) $275 billion.

Correct Answer:

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