Sociology, asked by PragyaTbia, 1 year ago

What is meant by deficit financing?

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Answered by tuf42
4
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Answered by dualadmire
1

Deficit Financing is defined as the practice of the government or any other private institution which refers to the over spending by the institution or spending more than the revenue earned.

The expenditure over revenue is corrected by the institution by borrowing new funds from other agencies. The main reason behind the occurrence of deficit financing is the difference in the public expenditure and public revenue.

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