houses savng 300   bus savng 400   gov purchase 1000   gov transfer and interest pay 500   gov tax collection 1300   GDP 5000   what is fiscal deficit?

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 3.11P
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houses savng 300

 

bus savng 400

 

gov purchase 1000

 

gov transfer and interest pay 500

 

gov tax collection 1300

 

GDP 5000

 

what is fiscal deficit?

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