The fiscal deficit equals

the government's interest paymentsCorrect answerYour answerthe government's borrowing in the yearCorrect answerYour answertotal tax revenueCorrect answerYour answerthe revenue deficit plus tax revenueCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

Whatever spending is not met by revenue and non-debt receipts has to be borrowed.

Concept: Fiscal deficit as borrowing
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsFiscal deficit

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The fiscal deficit equals

Explanation