The amount by which government purchases and transfers exceed tax revenues is known as the
A) primary surplus.
B) primary deficit.
C) primary current deficit.
D) government debt.
B
Economics
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Which of the following is an example of fiscal policy?
A) a reduction in the money supply. B) a reduction in the federal funds rate. C) a reduction in lump-sum taxes. D) an increase in the physical stock of capital.
Economics
Fiscal policy involves which of the following?
A) interest rates B) tax policy C) buying and selling government-agency bonds D) none of the above
Economics