Calculate the primary deficit

Assignment Help Business Economics

Reference no: EM13744238

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.

Reference no: EM13744238

Questions Cloud

Evaluate the given double integral by converting : Evaluate the given double integral by converting to polar coordinates 1) integral from 0 to 2 ( (integral from 0 to sqrt(4-x^2)) e^(x^2+y^2) dy) dx

Logarithms and exponents are inversely related. : Logarithms and exponents are inversely related. What does this mean mathematically, and how can we use an inverse to solve a problem? What are the properties of logs? Demonstrate this by solving an example of a logarithmic equation and label which pr..

Write a historical research paper on the barbary wars : Write a historical research paper on the barbary wars. Search a topic or time period. For example, if you are a sports fan, you can search "baseball" or "flappers" if you are interested in the 1920s.

Discuss the functions of skin hair and glands : Discuss the functions of skin, hair, glands and nails and Name the glands of the skin and describe the secretions they produce

Calculate the primary deficit : 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. Calculate the amount of the government deficit; Calculate the primary ..

Concept review video-stock valuation : Watch the "Concept Review Video: Stock Valuation" video located in the WileyPLUS Assignment.

Repayment duration for the loan will be reduced : Bob borrows $52000 from a local bank at an APR of 7.2% compounded monthly. His monthly patents are $52000(A/P, 0.6%, 54) = $1128 for a 54 month loan. If Jim makes an extra payment on the first month of each year, his repayment duration for the loan w..

Applications of finance : Watch the "Corporate Finance Video: Stable Money Makers" located in the WileyPLUS Assignment: Week 6 Videos Activity.

In what price interval is the demand inelastic : At what prices is the demand elastic? In what price interval is the demand inelastic? How does revenue change from the elastic to the inelastic zone of the demand?

User Account

All Pages