Multiple Choice
Which of the following statements gives the correct definition of the real deficit?
A) Real deficit = Nominal deficit + (inflation × total debt)
B) Real deficit = Nominal deficit + (total debt/inflation)
C) Real deficit = Nominal deficit - (total debt/inflation)
D) Real deficit = Nominal deficit - (inflation × total debt)
Correct Answer:
Verified
Correct Answer:
Verified
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