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The Table Below Shows Government Purchases (G),net Tax Revenues (T),and

Question 26

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The table below shows government purchases (G) ,net tax revenues (T) ,and debt-service payments (iD) over a 4-year period for a hypothetical economy.All figures are in billions of dollars.Assume the stock of debt at the end of 2015 is $500 billion. The table below shows government purchases (G) ,net tax revenues (T) ,and debt-service payments (iD) over a 4-year period for a hypothetical economy.All figures are in billions of dollars.Assume the stock of debt at the end of 2015 is $500 billion.   TABLE 31-1 Refer to Table 31-1.What is the overall budget deficit in 2018? A) -$24 billion B) $24 billion C) -$3 billion D) $3 billion E) $21 billion TABLE 31-1 Refer to Table 31-1.What is the overall budget deficit in 2018?


A) -$24 billion
B) $24 billion
C) -$3 billion
D) $3 billion
E) $21 billion

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