The deficit is
A. total tax revenues minus net interest minus government expenditures.
B. the primary deficit minus net interest payments.
C. the amount by which government purchases, transfers, and net interest exceed tax revenues.
D. the amount by which government purchases and transfers exceed tax revenues.
Answer: C
Economics
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An aggregate demand curve
A) shifts to the right when the price level increases and to the left when the price level falls. B) shifts to the right when population decreases and shifts to the left when population increases. C) does not shift, unlike individual or market demand curves. D) shifts to the right when any non-price-level factor increases total planned real spending.
Economics