Problem 11. Total budget deficit is equal to: *Frictional deficit plus cyclical deficitStructural deficit plus frictional deficitO None of these.Infrastructure deficit plus cyclical deficit2. Which of the following is true about theannual budget prepared by the government?It is a part of the fiscal policy of thegovernmentIt is a part of the monetary policy of thegovernmentIt is a part of the money-saving policy of thegovernmentIt is a part of the commercial policy of thegovernment

"Since you have asked multiple questions, we will solve first question for you .. If you want any…

Answered: Problem 1 1. Total budget deficit is…

Problem 1 1. Total budget deficit is equal to: O Frictional deficit plus cyclical deficit Structural deficit plus frictional deficit O None of these. O Infrastructure deficit plus cyclical 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 51P: A government starts off with a total debt of $3.5 billion. In year one, the government runs a...

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Question

Problem 1
1. Total budget deficit is equal to: *
Frictional deficit plus cyclical deficit
Structural deficit plus frictional deficit
O None of these.
Infrastructure deficit plus cyclical deficit
2. Which of the following is true about the
annual budget prepared by the government?
It is a part of the fiscal policy of the
government
It is a part of the monetary policy of the
government
It is a part of the money-saving policy of the
government
It is a part of the commercial policy of the
government

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