Calculate the value of Revenue deficits when the value of Revenue expenditure is 60,000 and the value of Revenue receipts is 20,000.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter12: Federal Budgets And Public Policy
Section: Chapter Questions
Problem 3.6P
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Calculate the value of Revenue deficits
when the value of Revenue expenditure is
60,000 and the value of Revenue receipts is
20,000.
Transcribed Image Text:Calculate the value of Revenue deficits when the value of Revenue expenditure is 60,000 and the value of Revenue receipts is 20,000.
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