Question
Which of the following statements is true about Fiscal
Deficit? 1.Fiscal deficit is the difference between the government's total expenditure and its total revenue (including borrowings). 2.A high fiscal deficit can lead to inflation, appreciation of the currency and an increase in the debt burden.Solution
Fiscal deficit does not include borrowing. This may cause the currency to devalue rather than appreciate.
When ants bite, they inject?
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