The Accompanying Table Gives Budget Information for a Hypothetical Economy

question 119

Multiple Choice

$$\begin{array} { | c | c | c | c | } \hline & \begin{array} { c } \text { Government } \\\text { Spending }\end{array} & \text { Tax Revenues } & \text { GDP } \\\hline \text { Year 1 } & \$ 450 & \$ 425 & \$ 2,000 \\\hline \text { Year 2 } & 500 & 450 & 3,000 \\\hline \text { Year 3 } & 600 & 500 & 4,000 \\\hline \text { Year 4 } & 640 & 620 & 5,000 \\\hline \text { Year 5 } & 680 & 580 & 4,800 \\\hline \text { Year 6 } & 600 & 620 & 5,000 \\\hline\end{array}$$ The accompanying table gives budget information for a hypothetical economy. Assume that all budget surpluses are used to pay down the public debt. The budget de?cit in year 3 is

• A) $175 billion.
• B) $3,050 billion.
• C) $100 billion.
• D) $295 billion.

Apply the principles of PAIBOC analysis to improve communication clarity and effectiveness.

Grasp the structure and purpose of collection letters and how their tone evolves.

Learn the components and organization of informative and positive messages.

Understand how to clearly communicate changes and updates to stakeholders in a positive light.