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The Difference Between the Present Discounted Value (PDV)of Projected Expenditures

Question 26

Multiple Choice

The difference between the present discounted value (PDV) of projected expenditures each year in the future and the PDV of projected revenues each year in the future is the PDV of the government's:


A) generational imbalance.
B) structural deficit.
C) cyclically adjusted deficit.
D) fiscal imbalance.

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