Economics · Fiscal Deficit
Zero primary deficit means: (A) The Government's current revenues are sufficient to meet its interest and non-interest expenditure. (B) Borrowing is only to service past debt. Choose the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both (A) and (B) are incorrect.
- 2Both (A) and (B) are correct.
- 3Only (B) is correct.✓
- 4Only (A) is correct.
Correct answer
Only (B) is correct.
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