Fill in the blanks :(a) A balanced budget multiplier is unity implies – InterviewSolution

InterviewSolution

1.

Fill in the blanks :(a) A balanced budget multiplier is unity implies that ₹100 increase in ‘G’ increases National Income by(b) Gross primary deficit =

Answer»

(a) ₹100

(b) Gross primary deficit = Gross fiscal deficit – net interest liabilities.

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