--%>
Assignment Help - homework help

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

   Related Questions in Microeconomics

  • Q : Profit maximization and maximization of

    Give the difference between corporate profit maximization and maximization of shareholder wealth?

    		•
  • Q : Effect of economic prosperity on demand

    Precisely predicting the effect of economic prosperity upon the demand for mass transit would be excellent facilitated by a good calculates approximately of the: (w) slope of the demand curve for mass transit. (x) price elasticity of

    		•
  • Q : Exploitation-Competitive Markets The

    The removal of exploitation of the labor wage payments beneath the value to society of each and every individual worker’s productive contribution is automatic when business decision makers: (i) Should set wages via collective bargaining agreements with the labor

    		•
  • Q : Law of demand is price in the law of

    is price in the law of demand an absolute or relative price

    		•
  • Q : Shifting of Complementary Goods towards

    The War in Iraq contributed to sharp rises in the world price of oil. This is most probable to encompass caused the demand for car washes in United States to: (1) Shift towards right. (2) Increase vertically. (3) Stabilize. (4) Shift towards left. (5) Much more inform

    		•
  • Q : Higher income elastic demand for

    For environmental quality the demand is income elastic for most people, that implies that prosperity and higher incomes tend to: (w) increase people’s concerns about air, water, and noise pollution. (x) reduce efforts to solve pollution problems

    		•
  • Q : Rule of thumb for office rent Is there

    Is there any rule of thumb for office rent or on lease per gross income? If yes, then explain?

    		•
  • Q : Process of Capitalization

    Capitalization is a process: (a) that converts fixed cost into variable cost. (b) by which predictable income flows are translated into wealth. (c) of financial intermediation by bankers. (d) of exploiting unskilled workers.

    Q : Comparative statics and consumer demand

    Explain the methodological procedure called comparative statics.  What does this procedure imply regarding the nature of the consumer demand curve?

    		•
  • Q : Zero elasticity for demand curves When

    When any truly existed, then perfectly inelastic demand curves would include: (i) price elasticities of infinity and be horizontal. (ii) zero elasticity and be horizontal. (iii) a slope of one. (iv) price elasticities of infinity and would be vertical

    		•