Under which of the following circumstances would the government be running a deficit?

A) G = $5 trillionT = $5 trillionTR = $1 trillion
B) G = $5 trillionT = $7 trillionTR = $1 trillion
C) G = $7 trillionT = $7 trillionTR = $0
D) G = $7 trillionT = $10 trillionTR = $3 trillion

Answer: A

Economics

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