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Consider thegovernment's budget balance. Suppose G =320 and thegovernment's net tax revenue is equal to 0.12Y. When Y = 2,500, the government is running a

Consider thegovernment's budget balance. Suppose G=320 and thegovernment's net tax revenue is equal to 0.12Y. When Y= 2,500, the government is running a budget________.

Why is it a deficit of 20?

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