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Below Is Some Data for a Hypothetical Economy

Question 18

Multiple Choice

Below is some data for a hypothetical economy:
Below is some data for a hypothetical economy:    -Refer to the information above to answer this question.What is the value of the government's budget at equilibrium income? A) In deficit by $40 B) In surplus by $40 C) In deficit by $190 D) In deficit by $20 E) In surplus by $20
-Refer to the information above to answer this question.What is the value of the government's budget at equilibrium income?


A) In deficit by $40
B) In surplus by $40
C) In deficit by $190
D) In deficit by $20
E) In surplus by $20

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