The table below shows government purchases (G) ,net tax revenues (T) ,and debt-service payments (iD) over a 4-year period for a hypothetical economy.All figures are in billions of dollars.Assume the stock of debt at the end of 2015 is $500 billion.
TABLE 31-1 Refer to Table 31-1.What is the primary budget deficit in 2017?
A) $22 billion
B) -$22 billion
C) $21 billion
D) $2 billion
E) -$2 billion
Correct Answer:
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