Answer my question
Dear Student
(a) Fiscal deficit= Revenue deficit + (Capital expenditure - Non-debt creating capital receipts)
(c) Primary deficit = Fiscal deficit - Interest payments
=5,000 = 12,000 - Interest Payments
Regards
(a) Fiscal deficit= Revenue deficit + (Capital expenditure - Non-debt creating capital receipts)
12,000 =9,000 + (Capital expenditure- 10,000)
- Capital expenditure= 12,000 -9,000 + 10,000 = 13,000
(b) Total expenditure = Revenue expenditure + Capital expenditure
=15,000* +13,000 = 28,000
=15,000* +13,000 = 28,000
- *Revenue expenditure = Revenue deficit + Revenue receipt = 9,000 + 6,000 = 15,000
(c) Primary deficit = Fiscal deficit - Interest payments
=5,000 = 12,000 - Interest Payments
- Interest Payments = 12,000 - 5,000 = 7,000
Regards