Indian government spending was $305.075 billion in 2011, and total revenues were $194.577 billion (source: WDI). Suppose
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Indian government spending was $305.075 billion in 2011, and total revenues were $194.577 billion (source: WDI). Suppose that government purchases were $217.580 billion, transfer payments, $50.000 billion; and net interest payments, $37.495 billion. Calculate the government deficit and the primary deficit.
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Related Book For
Macroeconomics Policy And Practice
ISBN: 9781292019598
2nd Global Edition
Authors: Frederic S Mishkin
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