In 2012, the city of Miketown collected $250,000 in taxes and spent $350,000. In 2012, the city of Miketown had a A) budget surplus of $100,000. B) budget surplus of 57%. C) budget deficit of $100,000. D) budget deficit of $200,000.

Option C is correct

C) budget deficit of $100,000.

Explanation:

A budget deficit or surplus is the difference between the estimated expenditures and revenue.

A  budget surplus occurs where the estimated total revenue is greater that the estimated total expenditure.

On the other hand, it is deficit where the estimated revenue is less than the estimated expenditures

For City of Miketown, the budget deficit =

250,000 - 350,000

=$(100,000)

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer/// randomly assign the participants to the   conditions