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Trillions of dollars GDP Consumption Government spending Exports Imports Budget balance $15.9 11.3 3.0 2.2 2.7 -1.2 Refer to

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Answer #1

Answer

Budget balance =T-G=-1.2

G=govenment spending =3

then

T-G=-1.2

T-3=-1.2

T=1.8

the tax revenue is $1.8 trillion

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