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The US Treasury statement for August 2015 reports the following: 1- Receipts: individual income tax 103B$ Social Security and other Payroll Taxes 83B$ corporate income tax 2B other taxes, etc 23B. 2- Outlays by function defense 40B Social Security 75b Medicare 24b interest on debt 25b other 111b. Calculate the total Surplus or deficit and the primary Surplus or deficit. what is The Logical reason for distinguishing between the two measures.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93080110

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