Assuming the Economy Was in Equilibrium,use the Following Information to Determine

question 78

Multiple Choice

Assuming the economy was in equilibrium,use the following information to determine the government's budget deficit. The government's deficit (surplus) was

• A) -$0.3 trillion deficit ($0.3 trillion surplus)
• B) -$0.2 trillion deficit
• C) $0.2 trillion deficit
• D) $0.3 trillion deficit
• E) $0.5 trillion deficit

---

Definitions:

Compliance Officers

Professionals responsible for ensuring that organizations adhere to legal standards and internal policies.

Indigents

Individuals lacking in basic resources such as food, clothing, and shelter due to poverty.

Social Security Amendments

Changes or modifications made to the laws governing social security, aimed at updating, improving, or expanding benefits provided to citizens.

Medicaid

A government health insurance program in the United States that provides health care coverage to eligible low-income adults, children, pregnant women, elderly adults, and people with disabilities.