Question

what is fiscal discipline ? what happen when fiscal descipline is not maintained in the economy​

Answer 1

Answer:

Fiscal Discipline refers to a state of an ideal balance between revenues and expenditure of government, in an economy. If the fiscal discipline is not maintained, then the government expenditure exceeds government receipts.

Explanation:

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Answer 2

Fiscal Discipline refers to a state of an ideal balance between revenues and expenditure of government, in an economy. If the fiscal discipline is not maintained, then the government expenditure exceeds government receipts. ... This may depreciate the currency and create inflation in an economy.

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