46) Consider the current government budget, where: T1 is today’s net taxes. D1 is government debt at the start of today. G1 is today’s government spending. rG is the real interest rate paid on government debt. All variables are positive.
Answer is:
rGD1 > T1 - G1
Related Macro Economics MCQ (GK Set-1) with Answers
Answer is:
Rs.100 Rs. 1.05
48) The difference between a nation’s current account surplus and its primary account surplus is its
Answer is:
net investment income from abroad
Answer is: