What is meant by ‘fiscal deficit’?

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Economics · Economy

What is meant by ‘fiscal deficit’?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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The difference between government expenditure and revenue, indicating overspending.

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Answer 1

It refers to the total exports of a country minus its imports.

Answer 2

The difference between government expenditure and revenue, indicating overspending.

Answer 3

A term related only to private sector financing.

Answer 4

Not Applicable

What is meant by ‘fiscal deficit’?

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