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1 1) Suppose Country A had net taxes of $30 million and government expenditures of $35 million. In addition, household saving in Country A totalled
1 1) Suppose Country A had net taxes of $30 million and government expenditures of $35 million. In addition, household saving in Country A totalled $5 million while consumption was $80 million. The government of Country A is running a budget and national saving is million. A) surplus; $5 B) deficit; -$5 C) deficit; $5 D) surplus; $25
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