To correct the budget deficit for inflation, we should
A) multiply the budget deficit by the price deflator for GDP.
B) subtract interest payments from tax revenues.
C) divide the budget deficit by nominal GDP.
D) divide the budget deficit by the consumer price index.
Correct Answer:
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Q91: From 2004 to 2008, the federal budget
Q92: The net national debt is smaller than
Q93: The structural deficit or surplus
A)shows the government
Q94: Same level of fiscal and monetary policy
Q95: Lately, the ratio of debt to GDP
Q97: Under a balanced budget policy, a sharp
Q98: One measure of "ability to pay" the
Q99: The structural deficit/surplus budget
A)measures the federal budget
Q100: Which of the following statements is incorrect?
A)Budget
Q101: The budget deficits of the 1980s and
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