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Suppose That in 2020 the Average Citizen's Federal Tax Bill

Question 96

Multiple Choice

Suppose that in 2020 the average citizen's federal tax bill is $11,888 per person,and total federal spending is $13,997 per person.In 2020,the federal government will have


A) a per person budget surplus of $2,109.
B) a per person budget deficit of $2,109.
C) horizontal equity.
D) vertical equity.

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