Econo Nation started 2008 with no national budget debt or surplus. By the end of 2008, it had a budget surplus of $304 million; in 2009, it had a budget deficit of $452 million; in 2010, it had a budget surplus of $109 million, and the amount of its budget deficit or surplus in 2011 is unknown. If at the end of 2011 Econo Nation's national debt totaled $50 million, determine the deficit or surplus in 2011.
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Home » Business » Econo Nation started 2008 with no national budget debt or surplus. By the end of 2008, it had a budget surplus of $304 million; in 2009, it had a budget deficit of $452 million;