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The data is taken from the budget report from www.budget.gov.au australia budget position in 2022-23 total revenue $561b total expenses $628b question i. Is this

The data is taken from the budget report from www.budget.gov.au

australia budget position in 2022-23

total revenue $561b

total expenses $628b

question

i. Is this budget deficit or a budget surplus.

ii. What is the corresponding policy associated with scenario above.

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