question archive If tax revenue is $230 billion and the government's outlays are $235 billion, then the budget surplus is $230 billion and the budget deficit is $235 billion
If tax revenue is $230 billion and the government's outlays are $235 billion, then the budget surplus is $230 billion and the budget deficit is $235 billion
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If tax revenue is $230 billion and the government's outlays are $235 billion, then the budget surplus is $230 billion and the budget deficit is $235 billion. deficit is $5 billion and government debt will remain the same. surplus is $5 billion and government debt will increase by $5 billion. deficit is $5 billion and government debt will decrease by $5 billion. deficit is $5 billion and government debt will increase by $5 billion.
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e) deficit is $5 billion and government debt will increase by 5$ billion
