The government of Putania spent $67,000,000 in a particular year,and the total tax receipts of the government in that year were $120,000.Calculate the budget deficit.

Name: The government of Putania spent $67,000,000 in a particular year,and the total tax receipts of the government in that year were $120,000.Calculate the budget deficit.
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Quizplus · Accepted Answer

The budget deficit is calculated by subtracting the total tax receipts from the total government spending. Therefore, $67,000,000 - $120,000 = $66,880,000.

The Government of Putania Spent $67,000,000 in a Particular Year,and