Complete the deficit formula
Exercise and reference answers
- Missing parts
- Answer
- expenditure
- Choices
- expenditure
- revenue
- borrowing
- Answer
- borrowings
- Choices
- borrowings
- taxes
- salaries
- Complete the statement
- Gross fiscal deficit is total {0} minus receipts other than {1}.
- Instructions
- Drag a word into each gap to finish the sentence.
Explanation
_Source: syllabus Introductory Macroeconomics, Ch 5 'Government Budget and the Economy'_
Browse more AP Intermediate 2nd Year questions and exercises →