Economy, asked by pratap66, 1 year ago

what is revenue deficit? what are its effects?

Answers

Answered by brainlystargirl

Heya....

@@ Revenue deficits is the excess of total expenditure over total receipts....

@@ It's effect....

* It is the sign of Inflationary spiral in economy...

* It causes nation Dept ...

* Due to this in economy recession occur and it leads to low growth...

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