meaning of fiscal deficit
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A fiscal deficit occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings.Deficit differs from debt, which is an accumulation of yearly deficits.
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hello dear !!!
it occurs when government total expenditure exceeds the revenue,, that it is generates excluding money from borrowing
it occurs when government total expenditure exceeds the revenue,, that it is generates excluding money from borrowing
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