justify your answer on excess or deficient use of anything is not good plz plz explain dear friends
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Fiscal deficits are negative balances that arise whenever a government spends more money than it brings in during the fiscal year. This imbalance—sometimes called the current accounts deficit or the budget deficit—is common among contemporary governments all over the world. Since 1970, the U.S. government has had higher expenditures than revenues for all but four years with recent years each year showing a fiscal deficit in the U.S. of more than $1 trillion.
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efficiency signifies a peak level of performancethat uses the least amount of inputs to achieve the highest amount of output
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