What is the relation between fiscal deficit (FD) and primary deficit (PD)? a) PD = FD - Depreciation b) PD = FD - Interest payments c) FD = PD - Interest payments d) FD = PD - Depreciation

What is the relation between fiscal deficit (FD) and primary deficit (PD)?
a) PD = FD - Depreciation
b) PD = FD - Interest payments
c) FD = PD - Interest payments
d) FD = PD - Depreciation
by

1 Answer

Answer :

PD = FD - Interest payments
by

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