Test: Final practice
India's Budget Seeks Fiscal Restraint
38 of 137
This test: 137 point(s) pos
This question: 1 point(s)
The government of India set a budget deficit target of 3 percent of GDP for 2017-2018, down from 3.5 percent in 2016-2017. Economists predict the 3 percent target will be m
If the Indian government misses its deficit target, how will the demand for or supply of loanable funds in India change?
If the Indian government misses its deficit target, the loanable funds in India will
A. supply of; greater than planned
B. supply of; less than planned
C. demand for; greater than planned
D. demand for, less than planned