"Revenue taxes are better than fiscal deficits "
if you agree ....justify the reason
if you don't... justify the reason
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Answered by
1
Answer:Hi mate Ur answer
Explanation:
Fiscal deficits arise whenever a government spends more money than it brings in during the fiscal year. ... Others argue that budget deficits crowd out private borrowing, manipulate capital structures and interest rates, decrease net exports, and lead to either higher taxes, higher inflation or both.
Answered by
2
Answer:
heya❤❣
fiscal deficit is the difference between total revenue and expenditure, primary deficitcan be arrived by deducting interest payment from fiscal deficit. ... On the contrary, if the actual receipts are higher than expected one, it is termed as revenue surplus. A revenue deficit does not mean actual loss of revenue.
Anonymous:
welcome
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