--%>

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 : Determine total revenue when maximizes

    Total revenue when this firm maximizes economic profits would be: (w) $72,000 per period. (x) $80,000 per period. (y) $96,000 per period. (z) $100,000 per period.

    Q : Existence of elasticity from zero to

    Each negatively sloped linear demand curve consists of: (1) variable slope. (2) price elasticity coefficients which increase when the price falls. (3) price elasticity which range from zero to infinity. (4) a price elasticity of one at whole points. (5) an inelastic region above

  • Q : Intersection of demand and supply curves

    What determines the intersection of demand and supply curves?

  • Q : Problem on free trade equilibrium The

    The domestic demand curve for portable radios is provided by Qd = 5000 − 100P, here Qd is the number of radios which would be purchased whenever the price is P. The domestic supply curve for radios is provided by Qs = 150P, where Qs

  • Q : Critics of contribution standard of

    Critics of contribution standard of the income distribution often: (w) cite inequality as evidence of inequity. (x) assert which private individuals must not be capable to accumulate any assets. (y) believe charitable giving should be

  • Q : Buying low price-riskless selling at

    Buying low within one market and riskless selling at a higher price into another is termed as: (1) speculation. (2) arbitrage. (3) capitalization. (4) marketeering. (5) profiteering. Please choose the right answer from above...I wa

  • Q : Explain about the minimum legal price

    Please help me to solve the problem that is given below. A minimum legal price is a price: (1) foundation. (2) umbrella. (3) ceiling. (4) cut.  (5) floor. I need a good ans

  • Q : Thought of economists for law of equal

    Explain different thought of economists for law of equivalent marginal advantage.

  • Q : Define Economics Briefly describe the

    Briefly describe the term economics?

  • Q : Budget for in-kind transfer payment

    Current budgets for transfers “in-kind” have developed most significantly for spending upon: (w) Medicare and Medicaid. (x) food stamps. (y) public housing. (z) grants to expand educational opportunity.