Question

What does the fiscal deficit in a government budget

Q: Answer-What does the fiscal deficit in a government budget signify?

The fiscal deficit is calculated as the difference between the total expenditure and total revenue of the government, excluding any revenue from borrowings. It essentially measures the amount the government needs to borrow to cover this deficit, indicating its overall financial health.

signify?

A The amount by which total government expenditure exceeds total revenue excluding borrowings.

B The amount by which total government revenue exceeds its expenditures.

C The excess of capital expenditure over the total revenue receipts.

D The deficiency in government income solely from tax sources.

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What does the fiscal deficit in a government budget

Solution