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If a country's government collects $1 trillion in taxes and spends $1 trillion on goods and services, what is the country's budget deficit, or surplus
If a country's government collects $1 trillion in taxes and spends $1 trillion on goods and services, what is the country's budget deficit, or surplus for that year? A $200 billon deficit B $400 bilion deficit C $200 billion surplus D None of the above
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