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Economics

Please show complete work and in MS word format.

Suppose government purchases amount is $3.5 trillion, transfer payments amount is $0.5 trillion, net interest payments are $0.25 trillion and tax revenue is valued at $2 trillion.

a) calculate the amount of the government deficit;

b) calculate the primary deficit.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91928267

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