in a government budget the primary deficit is $10,000 million and the interest payments is dollar 8,000 million. 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 1SCQ: When governments run budget deficits, how do they make up the differences between tax revenue and...
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in a government budget the primary deficit is
$10,000 million and the interest payments is dollar
8,000 million. How much is the fiscal deficit?
Transcribed Image Text:in a government budget the primary deficit is $10,000 million and the interest payments is dollar 8,000 million. How much is the fiscal deficit?
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