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The state government rebuilt many of its roadways after a difficult winter that resulted in a lot of damage. The total cost of this repair
The state government rebuilt many of its roadways after a difficult winter that resulted in a lot of damage. The total cost of this repair was $97.4 million, but the state only took in $52.8 million in taxes. This situation is an example of a(n) Select answer from the options below municipal debt. budget deficit. balanced budget. budget surplus
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