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GtTtG _ { t } - T _ { t }

Question 113

Multiple Choice

GtTtG _ { t } - T _ { t } is called the ________, and Gt+iBtTtG _ { t } + i B _ { t } - T _ { t }
Is called the ________.


A) total deficit; primary deficit
B) primary deficit; total deficit
C) primary deficit; secondary deficit
D) state and local deficit; federal deficit
E) budget surplus; government debt

Correct Answer:

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