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-Using the Data in the Above Table, If Exports =

Question 363

Multiple Choice

 Item  Billions of  dollars  Exp orts of goods and services, X Imports of goods and services, M1,000 Net taxes, T Government exp enditure, G1,300 Saving, S Investment, I650\begin{array} { | l | l | } \hline \text { Item } & \begin{array} { l } \text { Billions of } \\\text { dollars }\end{array} \\\hline \text { Exp orts of goods and services, } X & \\\hline \text { Imports of goods and services, } M & 1,000 \\\hline \text { Net taxes, } T & \\\hline \text { Government exp enditure, } G & 1,300 \\\hline \text { Saving, } S & \\\hline \text { Investment, } I & 650 \\\hline\end{array}
-Using the data in the above table, if exports = $1,150 billion and the private sector runs a surplus of
$300 billion, the government sector will run


A) a surplus of $450 billion.
B) a deficit of $450 billion.
C) a deficit of $150 billion.
D) a surplus of $150 billion.

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