Question

defferentiate loss from deficit

Answer 1

Answer:

Answer:

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While fiscal deficit is the difference between total revenue and expenditure, primary deficit can be arrived by deducting interest payment from fiscal deficit. Interest payment is the payment that a government makes on its borrowings to the creditors. ... A revenue deficit does not mean actual loss of revenue.

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Answer 2

Answer:

while fiscal deficit is the difference between total revenue and expenditure primary deficit can be arrived by deducting interest payment from fiscal deficit interest payments are the payment that a governments makes on it borrowing to its creditors a revenue deficit does not mean actual loss revenue