growth b. If the government expenditures and tax revenues in 2021 are ₺7700 and £5000, respectively, what would be the budget deficit to GDP ratio in 2021? c. Through the GDP deflator of 2021 calculate the inflation rate of 2021.

growth b. If the government expenditures and tax revenues in 2021 are ₺7700 and £5000, respectively, what would be the budget deficit to GDP ratio in 2021? c. Through the GDP deflator of 2021 calculate the inflation rate of 2021.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter19: Measuring Economic Performance

Section: Chapter Questions

Problem 11P

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Question

Subject :- Economics

b. If the government expenditures and tax revenues in 2021 are ₺7700 and
5000, respectively, what would be the budget deficit to GDP ratio in 2021?
Font
c. Through the GDP deflator of 2021 calculate the inflation rate of 2021.
Normal
BIU A AQ× ×²6 === BE-

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