If the total receipts are $1200 billion and total expenditure is $1500 billion then how much will be the budgetary deficit or the revenue deficit?

Q: What are the president's budget request responsibilities?

A: President's budget request: The budget process in the U.S begins when the President submits a budget…

Q: Calculate the primary deficit given that the Fiscal deficit is  $1500 million and the interest…

A: # Primary deficit is given to be as the difference between the fiscal deficit and the interest…

Q: Which of the following is a way to finance a fiscal deficit? Select one: a. Indirect taxes. b.…

A: The fiscal deficit occurs when the government's expenditure is greater than the government's…

Q: government budget shows a primary deficit of 8200 the revenue expenditure on interest payment is 100…

A: Literally in the exact word we can say that the fiscal deficit is known to be as the amount or the…

Q: What is Fiscal Policy? Discuss types of Fiscal policies

A: Fiscal policy refers to change in government expenditure and revenue(taxes) in order to achieve…

Q: Consider the data below for federal budget recoipts, federal budget spending, and GDP in the U.S.…

A: The difference between the government receipts and the government spending would cause government…

Q: Differentiate between the following terms: a. a budget deficit.  b. the government debt.  c. a…

A: a. When the expenditure of individuals, Government, or company surpass the revenue then it is called…

Q: If the primary deficit of a government is given as $800 billion ,find the interest on payment when…

A:

Q: Calculate the value of fiscal deficit if primary deficit is $420 million and interest payments is…

A: (Q) Calculate the value of fiscal deficit if the primary deficit is $420 million and interest…

Q: Discuss the government’s use of discretionary fiscal policy in controlling economic fluctuations.

A: Fiscal policy refers to the government policy of expenditure and taxes. The changes in the tax and…

Q: Calculate the value of fiscal deficit if primary deficit is $2000 million and  interest payments is…

A: The given information is as follows:- Primary deficit = $2000 million Interest payments = $300…

Q: Calculate Fiscal deficit if primary deficit is $3200 million and the interest payments is $2500…

A: Here we calculate the Fiscal Deficit by using the Primary Deficit and Interest , so the calculation…

Q: Which one of the following statements regarding fiscal policy and the budget is   correct?(a) When…

A: The two kinds of macroeconomic policies adopted to tackle the demand or supply shocks faced by an…

Q: Why is spending by the U.S. government on scientific research at NASA fiscal policy while spending…

A: NASA is maintained and managed by the U.S government and the universities are maintained by the…

Q: In a government budget, primary deficit is $20000 million and interest payments is $16000 million…

A: The information given to us is as follows:- Primary deficit of the government = $20,000 million…

Q: Calculate the budgetary deficit in a country where the total expenditure is $19,000 million and…

A: The information being given is:- Total expenditure = $19,000 million Total receipts = $7600 million…

Q: What's the difference between the debt and a deficit? Expansionary fiscal policy involves increasing…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Which fiscal policy would make a budget surplus smaller or a budget deficit larger? lower government…

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: The table shows the tax revenues and the outlays of a nation at each level of real GDP. What is…

A: Tax revenue is the earnings that authorities receive from taxes. The main element of state earnings…

Q: in a government budget the primary deficit is $10,000 million and the interest payments is dollar…

A: In an economy, government make expenditure for different purposes that may lwad to arise primary and…

Q: Define the budget deficit

A: A budget is a financial document of the economy. This includes the expected revenue of the…

Q: Calculate interest payments if primary deficit is $1400 and fiscal deficit is $2200

A: The given information is as follows:- Primary deficit = $1400 Fiscal deficit = $2200 We have to…

Q: In a government budget revenue deficit is $ 60,000 billion and the borrowings are dollars 76,000…

A:

Q: Which of the following is carried out in a contractionary fiscal policy? a. Higher taxes and lower…

A: Fiscal policy is initiated by the government of the country.

Q: Which of these is MOST LIKELY to occur after the government increases taxes?   A.) Consumer…

A: When taxes are increased, consumers' spending reduces as disposable income falls. Consumers are left…

Q: What does an increase in the income tax rate​ illustrate? An increase in the income tax rate is an…

A: What does an increase in the income tax rate​ illustrate? In general, [income] tax rate increases…

Q: Discuss the two (2) main tools that a government can use to implement fiscal policy.

A: The term 'fiscal' relates to the government's budget and signifies 'budget.' Fiscal policy is the…

Q: Find the budgetary deficit if the total budget expenditure are $140 and the total budget receipts…

A: In the question, Total budget expenditure are = $140 Total budget receipts are = $10 Budgetary…

Q: Which of the following is NOT a component of federal fiscal policy?   A. Federal tax revenues…

A: The fiscal policy plays an important role in stabilizing an economy. By synchronized with monetary…

Q: What is the relationship between budget deficit and debt ratio to Gross Domestic Product (GDP)

A: A budget deficit shown when expenses exceed revenue and indicate financial condition of a country.…

Q: What will be the primary deficit if the fiscal deficit is 320 and the interest payment by the…

A: The variable that captures the borrowing requirements of the government other than the obligation…

Q: What would the government budget balance be equal to? $ trillion.

A: GDP is the sum of consumption, investment and government spending. When government spending exceeds…

Q: Discuss the relationship between revenue deficit and fiscal deficit

A: We know that the budgetary deficit is of three types which are revenue deficit, fiscal deficit and…

Q: Calculate the interest payments when Fiscal deficit is $18,000 and the primary deficit is $10,000.

A: Given data: Fiscal deficit is $18000 Primary deficit is $10000

Q: Explain the difference between the headline fiscal deficit and the primary fiscal deficit. Which one…

A: Headline fiscal deficit Vs the primary fiscal deficit 1. The primary deficit is the amount of…

Q: If the primary deficit of a government budget is $2300 and the interest on payment of it is $100…

A: Primary deficit = $2300Interest payment =  $100   Fiscal deficit reflects financial strength of the…

Q: If the total budget expenditure is 6321 billion And the total budget receipts are 2891 billion…

A:

Q: Calculate the primary deficit if Fiscal deficit is $2000 million and the interest payments is $440…

A: The given information is :- Fiscal deficit of the government = $2000 million Interest payments =…