The following budget information is for a hypothetical economy.All data are in billions of dollars.

-Refer to the above data.The budget deficit in year 3 is:

Name: The following budget information is for a hypothetical economy.All data are in billions of dollars. -Refer to the above data.The budget deficit in year 3 is:
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Question

The following budget information is for a hypothetical economy.All data are in billions of dollars.
 
-Refer to the above data.The budget deficit in year 3 is:

Quizplus · Accepted Answer

The budget deficit is calculated as the difference between government spending and revenue. The correct choice indicates a deficit of $100 billion.

The Following Budget Information Is for a Hypothetical Economy