Question

what is meant by fiscal deficit? how fiscal deficit of the government financed​

Answer 1

Answer:

iscal deficit is a shortfall in a government's income compared with its spending. The government that has a fiscal deficit is spending beyond its means. A fiscal deficit is calculated as a percentage of gross domestic product (GDP), or simply as total dollars spent in excess of income.

Answer 2

Answer:

fiscal deficit is the difference between total revenue and total expenditure

Explanation:

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