{"id":1375,"date":"2024-03-05T15:16:15","date_gmt":"2024-03-05T15:16:15","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=1375"},"modified":"2024-03-05T15:16:15","modified_gmt":"2024-03-05T15:16:15","slug":"if-primary-deficit-is-zero-then-the-amount-of-borrowing-will-be","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/if-primary-deficit-is-zero-then-the-amount-of-borrowing-will-be\/","title":{"rendered":"If Primary deficit is zero, then the amount of borrowing will be :"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a9862fa64688\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    more than interest payment                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    less than interest payment                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"true\">\r\n                    just equal to the interest payment                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    None of these                  <\/div>\r\n                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is (c).<\/p>\n<p>Primary deficit is the difference between the government&#8217;s total revenue and its total expenditure, excluding interest payments. If the primary deficit is zero, then the government&#8217;s total revenue is equal to its total expenditure, excluding interest payments. This means that the government is not borrowing any money to finance its current spending. However, the government may still need to borrow money to finance its capital spending, such as building roads or schools.<\/p>\n<p>Option (a) is incorrect because if the primary deficit is zero, then the government is not <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> borrowing any money to finance its current spending. Therefore, it cannot be borrowing more than interest payments.<\/p>\n<p>Option (b) is incorrect because if the primary deficit is zero, then the government is not borrowing any money to finance its current spending. Therefore, it cannot be borrowing less than interest payments.<\/p>\n<p>Option (d) is incorrect because the government may still need to borrow money to finance its capital spending, even if the primary deficit is zero.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Join Our Telegram Channel Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[490],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>If Primary deficit is zero, then the amount of borrowing will be :<\/title>\n<meta name=\"description\" content=\"Primary deficit is the difference between the government&#039;s total revenue and its total expenditure, excluding interest payments. If the primary deficit is zero, then the government&#039;s total revenue is equal to its total expenditure, excluding interest payments. This means that the government is not borrowing any money to finance its current spending. However, the government may still need to borrow money to finance its capital spending, such as building roads or schools.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/if-primary-deficit-is-zero-then-the-amount-of-borrowing-will-be\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"If Primary deficit is zero, then the amount of borrowing will be :\" \/>\n<meta property=\"og:description\" content=\"Primary deficit is the difference between the government&#039;s total revenue and its total expenditure, excluding interest payments. If the primary deficit is zero, then the government&#039;s total revenue is equal to its total expenditure, excluding interest payments. This means that the government is not borrowing any money to finance its current spending. However, the government may still need to borrow money to finance its capital spending, such as building roads or schools.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/if-primary-deficit-is-zero-then-the-amount-of-borrowing-will-be\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-05T15:16:15+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"If Primary deficit is zero, then the amount of borrowing will be :","description":"Primary deficit is the difference between the government's total revenue and its total expenditure, excluding interest payments. If the primary deficit is zero, then the government's total revenue is equal to its total expenditure, excluding interest payments. This means that the government is not borrowing any money to finance its current spending. However, the government may still need to borrow money to finance its capital spending, such as building roads or schools.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/if-primary-deficit-is-zero-then-the-amount-of-borrowing-will-be\/","og_locale":"en_US","og_type":"article","og_title":"If Primary deficit is zero, then the amount of borrowing will be :","og_description":"Primary deficit is the difference between the government's total revenue and its total expenditure, excluding interest payments. If the primary deficit is zero, then the government's total revenue is equal to its total expenditure, excluding interest payments. This means that the government is not borrowing any money to finance its current spending. 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If the primary deficit is zero, then the government's total revenue is equal to its total expenditure, excluding interest payments. This means that the government is not borrowing any money to finance its current spending. However, the government may still need to borrow money to finance its capital spending, such as building roads or schools.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/if-primary-deficit-is-zero-then-the-amount-of-borrowing-will-be\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/if-primary-deficit-is-zero-then-the-amount-of-borrowing-will-be\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/if-primary-deficit-is-zero-then-the-amount-of-borrowing-will-be\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"mcq","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/"},{"@type":"ListItem","position":3,"name":"public finance","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/public-finance\/"},{"@type":"ListItem","position":4,"name":"If Primary deficit is zero, then the amount of borrowing will be :"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/1375"}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=1375"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/1375\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=1375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=1375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=1375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}