$20 billion$1260 billion$3740 billion$60 billion

Government Year Spending Tax Revenues GDP 1 $ 450 $ 425 $ 2, 000 N 500 450 3, 000 W 600 620 4,000 640 620 5, 000 5 680 580 4 , 800 6 600 620 5, 000 The accompanying table gives budget information for a hypothetical economy. Assume that all budget surpluses are used to pay down the public debt. The budget deficit in year 4 is