2 poir
14) Which of the following
statement is not true for fiscal
deficit? A Fiscal deficit
O
a) Represents the borrowing of the
government
b) Is the difference between total
O expenditure & total receipts of the
government
c) Is the difference between total
expenditure & total receipts other
than borrowing
d) Increases the future liability of
the government
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Answer:
c is the ans
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