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If the budget deficit of a country is $50 billion and the total budget is $500 b

Practice Questions

Q1
If the budget deficit of a country is $50 billion and the total budget is $500 billion, what percentage of the budget is the deficit?
  1. 5%
  2. 10%
  3. 15%
  4. 20%

Questions & Step-by-Step Solutions

If the budget deficit of a country is $50 billion and the total budget is $500 billion, what percentage of the budget is the deficit?
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