Economics · Public Finance
What is the primary meaning of Deficit Financing in public finance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Using corporate taxes exclusively for social welfare schemes
- 2Maintaining an exact balance between revenue and expenditure
- 3Spending less revenue than the generated income
- 4Spending more revenue than the government earns through regular income✓
Correct answer
Spending more revenue than the government earns through regular income
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