Consider the Federal Government's Budget Constraint

question 89

Multiple Choice

Consider the federal government's budget constraint.If the government's total budget deficit is $27 billion and its debt-service payments are $29 billion,then its

• A)primary budget deficit is $2 billion.
• B)primary budget deficit is $56 billion.
• C)primary budget surplus is $2 billion.
• D)primary budget surplus is $56 billion.
• E)Not enough information to determine.