Suppose the Only Revenue Taken in by the Government Is

question 95

Multiple Choice

Suppose the only revenue taken in by the government is in the form of income tax, and the tax rate is 10 percent. If aggregate income is $800 billion, and government outlays are $100 billion, then the government budget has

• A) a deficit of $20 billion.
• B) a surplus of $20 billion.
• C) neither a surplus nor a deficit.
• D) a deficit of $80 billion.

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Definitions:

Specifier

A specifier is a term or phrase used in psychiatric diagnosis to provide additional information about a disorder, such as its severity, course, or specific characteristics.

Prescription Medications

Drugs that require a medical professional's approval to be dispensed, typically used to treat, diagnose, or prevent diseases.

Age Group

A classification of people based on their age, often used in research, marketing, or policy-making to tailor approaches or understand trends among specific populations.

Co-occurring SUD

The simultaneous presence of Substance Use Disorder and another mental health disorder in an individual, requiring integrated treatment approaches.