The official measure of the deficit
A)always underestimates the correct measure of the deficit when inflation is positive.
B)differs from the correct measure by the inflation rate times taxes.
C)depends on the nominal interest rate.
D)depends on the real interest rate.
E) none of the above

Question

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The Answer of The official measure of the deficit
A)always underestimates the correct measure of the deficit when inflation is positive.
B)differs from the correct measure by the inflation rate times taxes.
C)depends on the nominal interest rate.
D)depends on the real interest rate.
E) none of the above

The Official Measure of the Deficit