Define Fiscal deficit, Fiscal deficit is equavalent to excess of total expenditure over

Define Fiscal deficit

Fiscal deficit is equavalent to excess of total expenditure over the sum of revenue and capital receipts excluding borrowings. That is, Fiscal deficit means borrowing of the government.

Fiscal Deficit :Total expenditure -Total receipts net of borrowings

View Complete Question

Related Questions in Microeconomics

Q : Demands and supplies of most goods

Since longer time intervals are considered, then demands and supplies of most of the goods become: (i) Increasingly independent. (ii) Less subject to the adjustments through buyers and sellers. (iii) Flatter (that is, quantities adjust more fully to p

Q : Moral Hazard-Risk of money When you

When you paid a friend’s entrance fee for the poker tournament and agreed to divide any winnings and then your friend played sloppily as your money is at risk, not his, and then you have suffered since of: (1) Adverse selection. (2) Fraudulent information. (3) I

Q : Decision processes in Microeconomics

Decision processes within households, and government and firms and the consequences of such decisions are initially the focus of: (1) positive economics. (2) public choice economics. (3) microeconomics. (4) normative economics. (5) microeconomics.

Q : Different forms of capital account

Different forms of capital account transactions: A) Private Transactions: There are transactions which affect the liabilities and assets of individuals.

Q : Problem on Right-to-Work Laws In states

In states that encompass ‘Right to Work’ laws, then collective bargaining agreements: (i) Can’t need all employees to join a union in a specified period after being hired. (ii) Generally state the number of employees a firm

Q : Problem based on shift of the

Technological advance in producing both capital goods and consumer goods is illustrated by the shift of the production possibilities curve from AB to: 1) CD. 2) EB. 3) AF. 4) GH.

Q : Illustration of Substitution Effect

Sally is very rich that money hardly matters to her, although when the price of JIF chunky peanut butter doubled Sally switched to Peter Pan chunky peanut butter. This alters is an example of the: (1) Income effect. (2) Payback effect. (3) Substitution effect. (4) Pri

Discover Q & A

Leading Solution Library

Avail More Than 1453816 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1954967
Asked

3,689

Active Tutors

1453816

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment