Under which of the following circumstances would the government be running a deficit?

A) G = $5 trillion; T = $5 trillion; TR = $1 trillion
B) G = $5 trillion; T = $7 trillion; TR = $1 trillionC) G = $7 trillion; T = $7 trillion; TR = $0D) G = $7 trillion; T = $10 trillion; TR = $3 trillion

Question

Under which of the following circumstances would the government be running a deficit?
 
A) G = $5 trillion; T = $5 trillion; TR = $1 trillion
B) G = $5 trillion; T = $7 trillion; TR = $1 trillionC) G = $7 trillion; T = $7 trillion; TR = $0D) G = $7 trillion; T = $10 trillion; TR = $3 trillion

Under which of the following circumstances would the government be running a deficit?

A) G = $5 trillion; T = $5 trillion; TR = $1 trillion

B) G = $5 trillion; T = $7 trillion; TR = $1 trillion
C) G = $7 trillion; T = $7 trillion; TR = $0
D) G = $7 trillion; T = $10 trillion; TR = $3 trillion

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Under which of the following circumstances would the government be running a deficit? A) G = $5 trillion; T = $5 trillion; TR = $1 trillion B) G = $5 trillion; T = $7 trillion; TR = $1 trillionC) G = $7 trillion; T = $7 trillion; TR = $0D) G = $7 trillion; T = $10 trillion; TR = $3 trillion