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The accompanying bar graph shows the amount of money, in buillions of dollars, collected and spent by the U.S. government in selected years from 2001 through 2016. Use the information from the graph to solve Exercises 127–130. Express answers in billions of dollars.
127. a. In 2001, what was the difference between the amount of money collected and the amount spend? Was there a budget surplus or deficit in 2001?
b. In 2016, what was the difference between the amount of money collected and the amount spent? Was there a budget surplus or deficit in 2016?
c. What is the difference between the 2001 surplus and the 2016 deficit?
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