devolping countrys always go with deficit budget why?
Answers
Answered by
4
Answer:
Because developing natioms have maximum expenditure in transfer payment.
Answered by
3
Explanation:
The cause of the budget deficit is mainly due to the increase in government expenditure. For many countries a rising budget deficit is the inevitable result of experiencing a recession or a sustained period of slow growth. ... In many lower-income developing countries, import tariffs are an important source of revenue.
Similar questions