The. Deficit. Financing is. Not. A. Healthy practice in. An. Economic. System, because option. A it. Lower. The. Income. B. It. Higher. Inflation. C. Price drops. D. People can't pay. Tax
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Deficit financing in advanced countries is used to mean an excess of expenditure over revenue—the gap being covered by borrowing from the public by the sale of bonds and by creating new money. In India, and in other developing countries, the term deficit financing is interpreted in a restricted sense.
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