Question

What is revenue deficit​

Answer 1

Answer:

What is revenue deficit

Explanation:

government budget is a financial statement presenting the government's proposed revenues and spending for a financial year

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Answer 2

Answer:

Here's your answer :

• A revenue deficit occurs when realized net income is less than the projected net income.

• This happens when the actual amount of revenue and/or the actual amount of expenditures do not correspond with budgeted revenue and expenditures.

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