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dedylja [7]
3 years ago
13

In the country of Econoville, tax revenue collected by the government this year is $24 million, and government outlays are $28 m

illion. This country currently has a ____(A) budget surplus of $52 million. (B) budget surplus of $4 million. (C) balanced budget. (D) budget deficit of $28 million. (E) budget deficit of $4 million.
Business
1 answer:
Serjik [45]3 years ago
3 0

Answer:

E

Explanation:

The difference between the income of a government, in this case by taxes, and the expenses in this case outlays for any reasons such a public expenses is a deficit in a case like this one that is negative or surplus in the case of positive.

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