Economy, asked by maheshm, 1 year ago

what is budget deficit ?

Answers

Answered by GalacticCluster
10
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⚡BUDGET DEFICIT ⚡


✨Budget deficit is the difference between the estimated public expenditure and public revenue.the government meets the deficit by way of printing new currency or by borrowing. budget may take a shape of deficit when the public revenue fall short to public expenditure.


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Answered by tamannapurohit10
6

Answer:A budget deficit is an indicator of financial health in which expenditures exceed revenue. The term budget deficit is most commonly used to refer to government spending rather than business or individual spending but can be applied to all of these entities.

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