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02-01-2024
Business

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Suppose government spending was $3.70 trillion, tax revenue was $4.50 trillion, GDP was $13.98 trillion, and total consumer spending was $10.85 trillion. What is the government budget surplus or deficit?
A. $0.20 trillion surplus
B. $0.20 trillion deficit
C. $0.80 trillion surplus
D. $0.80 trillion deficit

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