If we want to know whether tax revenues are sufficient to finance the discretionary part of government expenditure,which of the following measures should we analyze?
A) the cyclically adjusted deficit/surplus
B) the government's budget constraint
C) the debt-to-GDP ratio
D) the government's primary deficit/surplus
E) the interest rate on government bonds compared to the growth rate of real GDP
Correct Answer:
Verified
Q1: The government's primary budget deficit (or surplus)is
Q3: The government's primary budget deficit (or surplus)is
Q4: Consider the following variables: G = government
Q5: Consider the following variables: G = government
Q6: A simple equation describing the government's budget
Q7: If voters want to know how their
Q8: In any given year,the government's debt-service payments
Q9: Suppose that in Year 2 there was
Q10: What is the difference between the government's
Q11: The extent to which tax revenues are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents