Economics · Government Budget
What is a revenue deficit in the government budget?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The excess of revenue receipts over revenue expenditure, including interest payments on debt
- 2The excess of revenue expenditure over revenue receipts, including interest payments on debt✓
- 3The excess of revenue receipts over revenue expenditure, excluding interest payments on debt
- 4The excess of revenue expenditure over revenue receipts, excluding interest payments on debt
Correct answer
The excess of revenue expenditure over revenue receipts, including interest payments on debt
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