Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 28 Feb 2018 My Price 7.00

budget data

The following budget data are for a country having both a central government and provincial governments:

Central purchases of goods and services 200

Provincial purchases of goods and services 150

Central transfer payments 100

Provincial transfer payments 50

Grants in aid (central to provincial) 100

Central tax receipts 450

Provincial tax receipts 100

Interest received from private sector by central government 10

Interest received from private sector by provincial governments 10

Total central government debt 1000

Total provincial government debt 0

Central government debt held by provincial governments 200

Nominal interest rate 10%

Calculate the overall and primary deficits for the central government, the provincial governments, and the combined governments.

Answers

(5)
Status NEW Posted 28 Feb 2018 07:02 PM My Price 7.00

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