The "Official Measure" of the Deficit (The One Reported by the Government)

Multiple Choice

The "official measure" of the deficit (the one reported by the government)

A) tells us the change in government nominal debt.
B) is equal to nominal interest payments on the debt plus the primary deficit.
C) overestimates the real budget deficit whenever the inflation rate is positive.
D) all of the above
E) none of the above