deficit finncong wht is that can anyone explain me
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Deficit financing is the budgetary situation where expenditure is higher than the revenue. It is a practice adopted for financing the excess expenditure with outside resources. The expenditure revenue gap is financed by either printing of currency or through borrowing..........
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Heyy mate here IS your answer
Answer:
DEFICIT FINANCING
Explanation:
Deficit financing, practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new funds.
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