Refer to the Figure Below to Answer the Following Questions

question 104

Multiple Choice

Refer to the figure below to answer the following questions.
Figure 7.3.1
-In Figure 7.3.1, private saving is _______ and the government has a budget _______.

• A)$25 billion; deficit of $15 billion
• B)$20 billion; surplus of $15 billion
• C)$25 billion; deficit of unknown size
• D)$25 billion; surplus of $15 billion
• E)$20 billion; deficit of $15 billion

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Definitions:

Direct Departmental Expense

Costs that are exclusively associated with a specific department and essential for its operation.

Sales Personnel

Employees responsible for selling a company's products or services, often working on commission and interacting directly with clients.

Promotional Items

Products branded with a logo or slogan and distributed at little or no cost to promote a brand, corporate identity, or event.

Direct Expense

Costs that can be directly tied to the production of goods or services, such as raw materials and labor.