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-In the Table Above, What Is the Government?s Sector Balance

Question 403

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 Component  Amount  (billions of dollars)   Government  expenditure,G 700 Net taxes, T600 Investment ,I350 Savings, S500\begin{array}{|l|l|}\hline \text { Component } & \begin{array}{l}\text { Amount } \\\text { (billions of dollars) }\end{array} \\\hline \begin{array}{l}\text { Government } \\\text { expenditure,G }\end{array} & 700 \\\hline \text { Net taxes, } T & 600 \\\hline \text { Investment }, I & 350 \\\hline \text { Savings, } S & 500 \\\hline\end{array}
-In the table above, what is the government?s sector balance?


A) a surplus of $600 billion
B) a deficit of $100 billion
C) a deficit of $700 billion
D) $0

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