Review/main features of current federal budget

(i) Explain the difference between the headline fiscal deficit and the primary fiscal deficit. Which one will be the biggest figure? Explain your reasoning. Is it possible for a country to have a headline fiscal deficit and a primary fiscal surplus? Explain your reasoning. (ii)

If the total budget expenditure is 6200 and the total budget receipts are 1300 find the budgetary deficit

How does the typical state budget process work, and what are the various actors involved in that process? What are the main characteristics of a sustainable budget? What are the main sources of revenues for states and local governments? Is it possible to balance the demands for government services with existing revenue sources? What have been the various approaches advocated to reform budgeting processes at the state and local levels? What are the five key areas of future state and local budget needs? Which one do you think is the most critical and why? Explain. assignment #10 be sure to cite your source(s) using APA Style

4. What have been the various approaches advocated to reform budgeting processes at the state and local levels? 5. What are the five key areas of future state and local budget needs? Which one do you think is the most critical and why? Explain.

​An excess of government revenues over expenditures results in a budget deficit  True  False

The government budget is in DEFICIT when Taxes (T) - G > 0 Government expenditures (G) - Investment expenditures (I) 0 OT-G- Transfers (TR) - Interest on the Debt (INT) < 0

Total budget expenditure is 8100 and the total budget receipts are 6101 find the budgetary deficit