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    Question

    If interest payments are subtracted from gross fiscal deficit, the remainder will be

    A revenue deficit Correct Answer Incorrect Answer
    B gross primary deficit Correct Answer Incorrect Answer
    C capital deficit Correct Answer Incorrect Answer
    D budgetary deficit Correct Answer Incorrect Answer
    E none of the above Correct Answer Incorrect Answer

    Solution

    Primary Deficit = Fiscal Deficit – Interest Payments

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