Suppose the government spends $500 billion during the fiscal year 2014 on goods and services. in addition, the government collects tax revenues of $480 billion and makes transfer payments equal to $150 billion. assume the economy is producing at the potential output level. the budget balance for this economy is equal to and the government is running a choose the correct answer from the following choices, and then select the submit answer button. answer choices $170 billion; surplus -$170 billion; deficit $130 billion; surplus -$130 billion; deficit