fiscal deficit

  1. B

    Economics Report

    Description This is document describes about report on economics. A budget deficit occurs when an entity (often a government) plans to spend more money than it takes in. The opposite of a budget deficit is a budget surplus. Debt is essentially an accumulated flow of deficits. In other words, a...
  2. asimrasool

    Impact of Fiscal Deficit on Pakistan's Economy

    What does economic theory suggest? Textbook definitions will suggest that a government runs a budget deficit if government purchases of goods and services (g) (like defense expenditure, government employees, building roads etc.) exceed the net of tax revenues minus transfer payments (t) like...
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