If the government's total budget deficit is $24 billion and its debt- service payments are $20 billion, then its _ is $4 billion.

Name: If the government's total budget deficit is $24 billion and its debt- service payments are $20 billion, then its _ is $4 billion.
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Question

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The primary budget deficit is calculated by subtracting the debt-service payments from the total budget deficit. Therefore, the primary budget deficit in this scenario would be $4 billion ($24 billion - $20 billion = $4 billion).

If the Government's Total Budget Deficit Is $24 Billion and Its