-What Is the Amount of the Surplus or Deficit Incurred

question 197

Multiple Choice

-What is the amount of the surplus or deficit incurred in year 3 by the government shown in the above table?

• A) $0
• B) $5 billion surplus
• C) $5 billion deficit
• D) $260 billion surplus

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Definitions:

Day's Close

The final value of a stock or market index at the conclusion of a trading day.

Dell

A multinational computer technology company known for its personal computers, laptops, and related products and services.

Shareholders

People who own shares of stocks in a corporation.

Service Corporation

A service corporation is a business entity that provides professional services, such as legal, accounting, or consulting, to clients instead of manufacturing or selling goods.