Solved

Solve the Problem. -Suppose the Government Has a Unified Net Income of $70

Question 112

Multiple Choice

Solve the problem.
-Suppose the government has a unified net income of $70 billion, but was supposed to deposit $170 billion in the Social Security trust fund. What was the on-budget surplus or deficit?


A) $240 billion surplus
B) $100 billion surplus
C) $240 billion deficit
D) $100 billion deficit

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents