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
A
Economics
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The term "fixed cost" refers to the cost a firm incurs to produce a specific fixed quantity of output
Indicate whether the statement is true or false
Economics
In the case of Thailand in 1997, the Thai government was running a large:
A) current account surplus, requiring capital inflows from abroad. B) current account deficit, requiring capital inflows from abroad. C) current account surplus, requiring capital outflows. D) current account deficit, requiring capital outflows.
Economics