What is the federal government-s on-budget balance


Suppose the budgetary federal spending and revenue are $1700 billion and $1825 billion respectively. Suppose also that outlays and receipts of federal agencies (and trust funds) are $230 billion and $445 billion, respectively.

1.What is the federal government's "on-budget" balance?

2. What is the federal government's "off-budget" balance?

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Microeconomics: What is the federal government-s on-budget balance
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