The extent to which tax revenues are able to finance the discretionary part of total government expenditure is best measured by the
A) government's primary budget deficit/surplus.
B) debt- to- GDP ratio.
C) tax- to- GDP ratio.
D) cyclically adjusted deficit/surplus.
E) government's budget constraint.
Correct Answer:
Verified
Q83: Consider an open- economy AD/AS macro model.
Q84: Consider a government with a positive stock
Q85: Suppose that in Year 2 there was
Q86: Implementation of cyclically balanced government budgets
A)is successfully
Q87: Until the onset of the most recent
Q89: The budget deficit function is graphed with
Q90: The government's primary budget deficit (or surplus)is
Q91: Suppose that the real rate of interest
Q92: An annually balanced government budget would tend
Q93: The proposition that increases in government budget
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