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1049

Q:

A ____________ occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings.

  • 1
    Current Account Deficit
  • 2
    Budgetary Deficit
  • 3
    Revenue Deficit
  • 4
    Fiscal Deficit
  • Show Answer
  • Workspace

Answer : 4. "Fiscal Deficit"

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