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Answered

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In a single year, a government collects $30 billion in taxes. In that same year,
the government spends $50 billion on government services. This would
create which economic situation?
O A. A $50 billion surplus
OB. A $20 billion surplus
OC. A $20 billion deficit
OD. A $50 billion deficit

Sagot :

nehamani75

Answer:

20 billion deficit

Explanation:

since the spending is greater than the revenue it creates a deficit

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