Primary deficit =

fiscal deficit + interest paymentsCorrect answerYour answerrevenue deficit − interest paymentsCorrect answerYour answerfiscal deficit − interest paymentsCorrect answerYour answertotal expenditure − interest paymentsCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

The primary deficit removes interest on past debt, to show this year's own borrowing need.

Concept: Primary deficit
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsPrimary deficit

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Ten questions from Budget Deficits, at your own pace.

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Ten questions from Budget Deficits, at your own pace.

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Primary deficit =

Explanation