1. Compare the federal budget deficit for 2016-2017 with the federal budget deficit for 2015-2016 The federal budget deficit in 2016-2017 is OA. $16.8 billion larger than the federal budget deficit in 2015-2016 OB. equal to the federal budget deficit in 2015-2016 plus additional public spending of $16.2 billion OC. $16.8 billion smaller than the federal budget deficit in 2015-2016 OD. almost the same as the federal budget deficit in 2015-2016 after including interest payments on the federal debt

1. Compare the federal budget deficit for 2016-2017 with the federal budget deficit for 2015-2016 The federal budget deficit in 2016-2017 is OA. $16.8 billion larger than the federal budget deficit in 2015-2016 OB. equal to the federal budget deficit in 2015-2016 plus additional public spending of $16.2 billion OC. $16.8 billion smaller than the federal budget deficit in 2015-2016 OD. almost the same as the federal budget deficit in 2015-2016 after including interest payments on the federal debt

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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