Consider the government's budget balance Suppose G=440 and the government's net tax revenue is equal to 0.13Y. When Y= 3,000, th budget GPOOD A. surplus of 60 OB. surplus of 50 OC. balance D. deficit of -50 OE. deficit of 50

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Consider the government's budget balance Suppose G=440 and the government's net tax revenue is equal to 0.13Y. When Y= 3,000, the
budget
GETOD
OA. surplus of 60
OB. surplus of 50
OC. balance
OD. deficit of -50
OE. deficit of 50
Transcribed Image Text:Consider the government's budget balance Suppose G=440 and the government's net tax revenue is equal to 0.13Y. When Y= 3,000, the budget GETOD OA. surplus of 60 OB. surplus of 50 OC. balance OD. deficit of -50 OE. deficit of 50
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