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GDP is 12 billion and the government debt is $11.6 billion. This years government spending was $4 billion and taxes collect is $2 billion. The

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GDP is 12 billion and the government debt is $11.6 billion. This years government spending was $4 billion and taxes collect is $2 billion. The interest paid on the government debt is 3%. What is the deficit for this year? Instructions: If the answer is not a whole number you should leave one number after the decimal. E.g. If the answer is 10.2778 it can be entered as 10.3. Leave your answer in billions. You just need to put the number in your answer, no units or commas

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