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If in a financial year, a government's expenditure on goods and services amounts to $200 billion, the amount it spent on social security benefits equals
If in a financial year, a government's expenditure on goods and services amounts to $200 billion, the amount it spent on social security benefits equals $150 billion, and the revenue it collected from taxes is equal to 300 billion, then which of the following statements is true? (2 points) The government is running a budget surplus. The national debt will remain unaffected. The government will have to borrow money to finance its deficit. The government's revenue equals its expenditure. The government will not have to pay interest on borrowed funds
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