-The Table Above Has Data for a Country?s Government Budget

$$\begin{array} { | l | l | } \hline \text { Component } & \begin{array} { l } \text { Dollars } \\\text { (billion) }\end{array} \\\hline \text { Personal income taxes } & 500 \\\hline \text { Social security taxes } & 400 \\\hline \text { Corporate income taxes } & 150 \\\hline \text { Indirect taxes } & 75 \\\hline \text { Transfer payments } & 1,200 \\\hline \begin{array} { l } \text { Expenditure on goods and } \\\text { services }\end{array} & 225 \\\hline \text { Debt interest } & 75 \\\hline\end{array}$$
-The table above has data for a country?s government budget. Government outlays for the economy equal__________ billion.

A) $1500
B) $1425
C) $1275
D) $1200

Correct Answer:

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