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Over the past year, Ionia's money supply increased by $5 billion, $6 billion in bonds were sold to the public, an unused military base was sold for $1 billion, and the government spent $20 billion. Ionia had a budget O surplus. deficit. Determine the amount of Ionia's budget deficit or surplus. 7 billion Incorrect Determine the amount of Ionia's tax revenue for the year. 5 billion Incorrect