Question

Name rhe type of budget where in the estimate revenue falls shorts of the estimate expenture.​

Answer 1

Answer:

The implication of a deficit budget is that the government's revenue is less than its expenditure. A deficit budget is the most common kind of budget presented by the most popular democracies in the world today.

Explanation:

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Answer 2

ANSWER

A deficit budget indicates that the government's total estimated spending exceeds the total estimated income. The implication of a deficit budget is that the government's revenue is less than its expenditure.

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