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If borrowing and other liabilities are added to the budget deficits we get_______________ :
- a)Fiscal Deficit
- b)Primary Deficit
- c)Capital Deficit
- d)Revenue Deficit
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
If borrowing and other liabilities are added to the budget deficits we...
Fiscal deficit estimates borrowings.
Most Upvoted Answer
If borrowing and other liabilities are added to the budget deficits we...
Fiscal Deficit is the correct answer.
Explanation:
Fiscal Deficit is the difference between the government's total expenditure and its total revenue. It indicates the amount of borrowing required by the government to meet its expenses. It is calculated by subtracting total revenue from total expenditure.
When borrowing and other liabilities are added to the budget deficits, it gives a more comprehensive picture of the government's financial situation. These liabilities may include loans taken by the government, outstanding payments to suppliers, and other such obligations.
Adding these liabilities to the budget deficits gives us the Fiscal Deficit, which is a more accurate measure of the government's borrowing needs.
To summarize:
- Fiscal Deficit is the difference between the government's total expenditure and its total revenue.
- Adding borrowing and other liabilities to the budget deficits gives a more comprehensive picture of the government's financial situation.
- Fiscal Deficit is calculated by subtracting total revenue from total expenditure, including borrowing and other liabilities.
Explanation:
Fiscal Deficit is the difference between the government's total expenditure and its total revenue. It indicates the amount of borrowing required by the government to meet its expenses. It is calculated by subtracting total revenue from total expenditure.
When borrowing and other liabilities are added to the budget deficits, it gives a more comprehensive picture of the government's financial situation. These liabilities may include loans taken by the government, outstanding payments to suppliers, and other such obligations.
Adding these liabilities to the budget deficits gives us the Fiscal Deficit, which is a more accurate measure of the government's borrowing needs.
To summarize:
- Fiscal Deficit is the difference between the government's total expenditure and its total revenue.
- Adding borrowing and other liabilities to the budget deficits gives a more comprehensive picture of the government's financial situation.
- Fiscal Deficit is calculated by subtracting total revenue from total expenditure, including borrowing and other liabilities.
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If borrowing and other liabilities are added to the budget deficits we get_______________ :a)Fiscal Deficitb)Primary Deficitc)Capital Deficitd)Revenue DeficitCorrect answer is option 'A'. Can you explain this answer?
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