The official measure of the deficit is equal to
A)iB + G - T.
B)iB + T - G.
C)rB - G + T.
D)(i - π)B + G - T.
E) none of the above

Name: The official measure of the deficit is equal to A)iB + G - T. B)iB + T - G. C)rB - G + T. D)(i - π)B + G - T. E) none of the above
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Question

Quizplus · Accepted Answer

The official measure of the deficit is equal to interest payments on the debt (iB) plus government spending (G) minus taxes (T), which is represented by iB + G - T.

The Official Measure of the Deficit Is Equal to