Government and the Economy
Question 1 of 5
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Economics Q & A Practice
1 of 5 free exam-style exercises in this topic
Calculate the government budget balance and identify it.
Item
Amount
Tax revenue
$420 billion
Non-tax revenue
$30 billion
Government expenditure
$485 billion
Study the visual evidence, then select one option.
A
$485bn surplus
B
$35bn surplus
C
$35bn deficit
D
$65bn deficit
E
$450bn deficit
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