Multiple Choice
In 2011,federal government receipts were approximately
A) $4,000 per person and federal government spending was approximately $8,000 per person,resulting in a budget deficit.
B) $8,000 per person and federal government spending was approximately $12,000 per person,resulting in a budget deficit.
C) $12,000 per person and federal government spending was approximately $8,000 per person,resulting in a budget surplus.
D) $8,000 per person and federal government spending was approximately $4,000 per person,resulting in a budget surplus.
Correct Answer:
Verified
Correct Answer:
Verified
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