Table 151 The Data in the Table Represents Budget Figures for the \\
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question 7

Multiple Choice

Table 15.1
$\begin{array}{l|r}\text { Federal govermment purchases of } & \\\text { goods and services } & \$ 455 \text { million } \\\hline \text { Transfer payments } & \$ 85 \text { million } \\\hline \text { Tax revenue } & \$ 405 \text { million } \\\hline \text { Interest payment on existing debt } & \$ 60 \text { million } \\\hline \text { Seigniorage } & \$ 10 \text { million } \\\hline \text { Newly-issued government bonds } & \$ 185 \text { million }\end{array}$
The data in the table represents budget figures for the nation of Arugula for 2012.
-Refer to Table 15.1.The budget deficit for Arugula in 2012 is

• A) $135 million.
• B) $195 million.
• C) $380 million.
• D) $600 million.

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Definitions:

Finished Goods

Products that have completed the manufacturing process but have not yet been sold or distributed to the end consumer.