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The government of New Caledonia currently has the following budget items: Tax Revenues: $120 Billion Interest Payments on the Debt: $20 Billion Transfers Payments $45

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The government of New Caledonia currently has the following budget items: Tax Revenues: $120 Billion Interest Payments on the Debt: $20 Billion Transfers Payments $45 Billion Government Expenditures $40 Billion What is the government's OVERALL balance? Select one: ion O a. A surplus of $15 billion. O b. A deficit of $15 billion. O c. A surplus of $35 billion. O d. A surplus of $60 billion. O e. A deficit of $35 billion

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