Answer-Fiscal Deficit occurs when

A fiscal deficit occurs when a governments total expenditures exceed the revenue that it generates, excluding money from borrowings. Deficit differs from debt, which is an accumulation of yearly deficits.

Question

Fiscal Deficit occurs when

A A company runs in loss

B Government’s total revenue exceed the total expenditures

C Government’s total expenditures exceed the total revenue

D When a country’s government, businesses and individuals import more goods, services and capital than they export

E Bad accounts of a company

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