.Primary deficit in a government budget is :(a) Revenue expenditure - Revenue receipts(b) Total expenditure - Total receipts(c) Revenue deficit – Interest payments(d) Fiscal deficit - Interest payments

According to the given question In simple words we can say that the primary deficit is the initially…

Answered: Primary deficit in a government budget…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A government's debt is reduced when it Group of answer choices runs a surplus. runs a deficit. balances is budget. sells more bonds.
(b). Suppose an economy is in recession with historically high unemployment. Using the Keynesian income-expenditure model, explain how an expansionary fiscal policy, involving a reduction in the marginal tax rate can reduce the unemployment rate. What does your explanation suggest about using the overall budget balance as an indicator of the stance of fiscal policy?
The revenue receipts of the government is $3200 million and the revenue expenditure is $5000 million Calculate revenue deficit
Which of the following statements about state budget is wrong? a. Budget may be annual or biennial b. About half of the states have dual budget system - operating budget and capital budget c. Most operate under the balanced budget requirement d. All governors have item veto power
2) Transfer payments are the ________ in the government's budget. A) smallest expenditure source B) largest expenditure source C) smallest revenue source D) largest revenue source 3) Personal taxes are the ________ in the government's budget. A) smallest expenditure source B) largest expenditure source C) smallest revenue source D) largest revenue source 4) A government's debt is increased when it A) balances is budget. B) buys more bonds. C) runs a deficit. D) runs a surplus. 5) When a government runs a surplus A) its debt increases. B) it must raise taxes. C) its debt decreases. D) it must cut spending. 6) The amount the government owes to the public is the federal debt. 7) If tax receipts are greater than government expenditures the government is running a surplus. 8) If the government runs a surplus, then the government debt increases. 9) Transfer payments are the largest part of the U.S.…
11
Calculate the value of total expenditure if budgetary deficit is $20,000 million and the total receipts is $6000 million
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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The government debt is None of these answers is correct. the total accumulation of deficits in the current period. the outstanding stock of bonds that have been issued in the past. equal to total tax receipts. the annual difference between government spending and tax revenues.
Calculate the value of revenue deficit when the value of revenue expenditure is $8000 and the value of revenue receipts is $$3000

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Primary deficit in a government budget is : (a) Revenue expenditure - Revenue receipts (b) Total expenditure - Total receipts (c) Revenue deficit - Interest (d) Fiscal deficit - Interest payments payments