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Budget deficit is equal to total expenditure minus total receipts.
  • a)
    True
  • b)
    Partially true
  • c)
    False
  • d)
    Can't say
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Budget deficit is equal to total expenditure minus total receipts.a)Tr...
Fiscal deficit and budget deficit are different. Fiscal deficit excludes borrowing while budget deficit includes borrowings.
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Budget deficit is equal to total expenditure minus total receipts.a)Trueb)Partially truec)Falsed)Cant sayCorrect answer is option 'A'. Can you explain this answer?
Question Description
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