Which of the following is the formula for the government's budget deficit?
A) S - G
B) G -T
C) C + I + G
D) S + I
E) I + G

Name: Which of the following is the formula for the government's budget deficit? A) S - G B) G -T C) C + I + G D) S + I E) I + G
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Question

Quizplus · Accepted Answer

The formula for the government's budget deficit is G - T, where G is the government's spending and T is the government's tax revenue. This formula represents the amount by which government spending exceeds tax revenue in a given period.

Which of the Following Is the Formula for the Government's