The Primary Deficit Is Equal to

question 94

Multiple Choice

The primary deficit is equal to

• A)outlays - tax revenues.
• B)government purchases + transfers + net interest - tax revenues.
• C)outlays + net interest - tax revenues.
• D)government purchases + transfers - tax revenues.

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Definitions:

Food Stamps

A governmental assistance program providing low-income individuals and families with funds to purchase groceries, aiming to improve nutrition and alleviate food insecurity.

Medicare

A federal health insurance program in the United States for people who are 65 years of age or older, certain younger people with disabilities, and people with End-Stage Renal Disease.

Medicaid

A government insurance program for individuals and families with low income and resources, providing health coverage in the United States.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s to help recover from the Great Depression.