Bahrainia is a country that has closed borders and does not import or export any goods or services; hence, they do not worry about trade with other countries. Total spending for the federal government of Bahrainia for the last fiscal year was 24.2 billion dollars. The country collected 22.9 billion dollars in taxes during this same fiscal year. Assume government transfers were zero.

Based on this information, what is the Bahrainia's budget balance totals?

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Budget Deficit S... View the full answer