Multiple Choice
Suppose that in 2020 the average citizen's federal tax bill is $14,888 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 $891.
B) a per person budget deficit of $891.
C) horizontal equity.
D) vertical equity.
Correct Answer:
Verified
Correct Answer:
Verified
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