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According to a recent forecast, the government is about to face a high future loan burden and heavy interest payments. This is due to:
  • a)
    Low capital budget
  • b)
    Low revenue expenditure
  • c)
    High revenue deficit
  • d)
    High revenue expenditure
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
According to a recent forecast, the government is about to face a high...
A high revenue deficit implies a high future loan burden and heavy interest payments.
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According to a recent forecast, the government is about to face a high future loan burden and heavy interest payments. This is due to:a)Low capital budgetb)Low revenue expenditurec)High revenue deficitd)High revenue expenditureCorrect answer is option 'C'. Can you explain this answer?
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