Answered: If a government shows the fiscal…

If a government shows the fiscal deficit of $ 40,000 billion the revenue expenditure on the interest payment is $12000 billion how much is the primary deficit?

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter17: Federal Deficits, Surpluses, And The National Debt

Section: Chapter Questions

Problem 8SQP

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If a government shows the fiscal deficit of $ 40,000 billion the revenue expenditure on the interest payment is $12000 billion how much is the primary deficit?

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