Fiscal Deficit- Amount Borrowed by Government to Meet Expenditure

Q.  Which of the following is the amount of Funds borrowed by the government to meet the expenditures?
- Published on 20 Jul 15

a. Fiscal Deficit
b. Current account
c. Fiscal policy
d. Public finance

ANSWER: Fiscal Deficit
A country's fiscal deficit is communicated as a percentage of its gross domestic product (GDP).

Post your comment / Share knowledge

Enter the code shown above:
(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)