The amount by which government purchases and transfers exceed tax revenues is known as the
A. primary current deficit.
B. primary deficit.
C. primary surplus.
D. government debt.
Answer: B
Economics
You might also like to view...
Last year a firm made 1,000 units of its product available at a price of $5 per unit. This year the firm will still make 1,000 units available, but only if the price is $7 per unit. What is most likely to have happened?
a. Supply has increased b. Supply has decreased c. Demand has decreased d. Quantity demanded has increased e. Quantity supplied has increased
Economics
What are some criticisms of the CPI as a measure of inflation?
What will be an ideal response?
Economics