If the revenue deficit of an economy is 3% of GDP, the primary deficit is 2% of GDP and the fiscal deficit is 7% of GDP, the capital expenditure to GDP ratio of that economy would be:
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2 marksPublic EconomicsPublic expenditure and public debtGovernment budget and deficit conceptsModerateabout 1 min
UGC-NET 2023 Question 35: Public expenditure and public debt
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Public expenditure and public debt has come up 29 times in 6 exams since 2012.
What this question tests
This question is on Government budget and deficit concepts, part of Public expenditure and public debt in Public Economics.
The vocabulary and arithmetic of the budget: balances, deficits and expenditure types.
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