The primary deficit is:
A) interest on the debt minus net tax revenues.
B) government deficit minus net tax revenues.
C) government deficit plus interest on the debt minus net tax revenues.
D) government deficit plus net tax revenues minus interest on the debt.
E) government deficit minus interest on the debt.

Question

Quizplus · Accepted Answer

The primary deficit is calculated as the government deficit minus the interest payments on the debt. This measures the shortfall in government revenues compared to its expenditures, excluding interest payments on its existing debt.

The Primary Deficit Is