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Explain how each of the following events would affect thenational budget deficit, as it is measured by government. Also makesure that you distinguish between one-time effects and permanenteffects if appropriate.If the government decides to sell the botanical garden to aprivate investor who will build a major tourist attraction in thearea.| The parliament approves $300 million for the construction ofa monorail between the Suva and Nausori corridor. The governmentexpects to save $10 million in maintenance costs per year for thenext fifty-year life of the project.| Government decides to completely privatize the Fiji NationalProvident Fund and removing all government involvement with payrolltaxes.
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