The primary deficit is represented by which of the following?
A)G - T
B)iB - G + T
C)iB + G - T
D)rB - G + T
E) rB + G - T

Name: The primary deficit is represented by which of the following? A)G - T B)iB - G + T C)iB + G - T D)rB - G + T E) rB + G - T
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Question

Quizplus · Accepted Answer

The primary deficit is represented by the difference between government spending (G) and tax revenue (T), which is given by G - T. This does not include interest payments on the debt.

The Primary Deficit Is Represented by Which of the Following