If Money and the Price Level Are Constant, Then the Government's

question 36

Multiple Choice

If money and the price level are constant, then the government's real budget deficit is:

• A)(B^g_t - B^g_t-1)/P.
• B)B^g_t/P.
• C)(B_t + B^g_t)/P.
• D)none of the above.

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