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    Question

    What does the term 'Deficit Financing' refer

    to?
    A Borrowing from the IMF Correct Answer Incorrect Answer
    B Printing new currency notes Correct Answer Incorrect Answer
    C Borrowing from the public Correct Answer Incorrect Answer
    D Government expenditure exceeding revenue Correct Answer Incorrect Answer

    Solution

    Deficit financing refers to a situation where government spending exceeds its revenue, excluding borrowings. It is often used to stimulate economic growth during downturns.

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