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10. Suppose you work for the city budget office. The chief budget officer for thecity reports to the staff that revenues are 7.3 percent below
10. Suppose you work for the city budget office. The chief budget officer for thecity reports to the staff that revenues are 7.3 percent below the forecast level of$6.8 million for the first five months of the budget year. She asks for ideas onwhat, if anything, should be done to deal with the problem. The city is legallyforbidden to borrow to cover operating deficits.
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