crore. The revenue expenditure on interest payment is 400 crore. How much is the fiscal deficit?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter30: Government Budgets And Fiscal Policy
Section: Chapter Questions
Problem 30RQ: Under what general macroeconomic circumstances might a government use expansionary fiscal policy?...
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A government shows a primary deficit of 4400
crore. The revenue expenditure on interest payment
is 400 crore. How much is the fiscal deficit?
Transcribed Image Text:A government shows a primary deficit of 4400 crore. The revenue expenditure on interest payment is 400 crore. How much is the fiscal deficit?
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