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The following data represents a hypothetical economy. (This economy is the same for all questions in this bonus point quiz.) Personal consumption expenditures 5000 Gross

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The following data represents a hypothetical economy. (This economy is the same for all questions in this bonus point quiz.) Personal consumption expenditures 5000 Gross Private Domestic Investment 1000 Government Purchases of Goods and Services 3000 Government Transfer Payments 875 Exports of Goods and Services 1500 Imports of Goods and Services 2000 Depreciation 200 (Net) Indirect Business Taxes 100 Net Factor Payments to the Rest of the World 150 Personal (Household) Taxes 1700 Total Government Tax and Fee Revenue 2200 This government in this economy has: O A budget surplus of 1,675 O A budget deficit of 1,675 O A budget surplus of 800 A budget deficit of 800 O A budget deficit of 500

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