Question

formula of fiscal deficit ? ​

Answer 1

Answer:

formula of fiscal deficit --

facial deficit = total expenditure ( revenue expenditure + capital expenditure ) - total receipt other than borrowing ( revenue receipt + capital receipt other than borrowing ).

Answer 2

ANSWER

• The formula for calculating is Revenue deficit = Total revenue expenditure – Total revenue receipts.
• The formula for calculating is Fiscal deficit = Total expenditure – Total receipts excluding borrowings.
• Fiscal deficit acts as an indicator of the total borrowings needed by the government.

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