Use the Figure Below to Answer the Following Questions

question 48

Multiple Choice

Use the figure below to answer the following questions.

Figure 29.3.1
-Refer to Figure 29.3.1, which shows the outlays and revenues for the government of Pianoland. The budget is balanced when real GDP equals

• A)$550 billion.
• B)$600 billion.
• C)$650 billion.
• D)$700 billion.
• E)$750 billion.

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Definitions:

Infrastructure

The fundamental facilities and systems serving a country, city, or area, including transportation and communication systems, utilities, and public institutions.

Technological Resources

Tools and systems that utilize technology to support various activities, including information access, communication, and operational efficiency.

Financial Viability

The ability of an entity or project to generate sufficient revenue to cover its expenses and achieve long-term sustainability.

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.