Refer to the data. The budget deficit in year 3 is:





Answer the question using the following budget information for a hypothetical economy. Assume that all budget surpluses are used to pay down the public debt.



A.  $175 billion.

B.  $3,050 billion.

C.  $100 billion.

D.  $295 billion.

C.  $100 billion.

Economics

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