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26 April, 03:33

Keith wants to buy an address book that costs $5.00, but he has only $1.25 in his budget. What is his budget deficit?

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  1. 26 April, 04:17
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    Deficit means how much money he lacks, so if he has $1.25 and needs $5.00, his deficit is $1.25 - $5.00 = - $3.75. Keith's budget deficit is - $3.75.
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