The following is budget information for a hypothetical economy. All data are in billions of dollars. 
Refer to the above table. The budget deficit was $75 billion in:
A) Year 2
B) Year 3
C) Year 4
D) Year 5
Correct Answer:
Verified
Q90: The following is budget information for a
Q91: If the crowding-out effect is at its
Q92: How is the public debt calculated?
A) By
Q93: There is general agreement among economists that
Q94: A budget surplus means that:
A) Government expenditures
Q97: In 2012, the general public (excluding Federal
Q98: Assume that if there was no crowding-out,
Q99: The crowding-out effect tends to be stronger
Q100: Assume that if there was no crowding-out,
Q194: A Federal budget deficit exists when
A)Federal government
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