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