By Robert McConnell Productions. In the previous Parliamentary Internet Newsletters, weâve discussed bylaws, corporate papers, and rules of order. Another set of rules that organizations find helpful are those called standing rules.. These are rules concerning the administration of the organization.
Null hypothesis: There is no significant impact of Budget deficit on Economic growth H 0: Î² 4 = 0 H 0: Î² 4 â  0 Table: 3 OLS Test, taking GDP as Dependent Variable (1978-2009) Variables Coefficient Std.
DEFINITION of 'Budget Deficit'. A status of financial health in which expenditures exceed revenue. The term  budget deficit  is most commonly used to refer to government spending rather than business or individual spending. When referring to accrued federal government deficits, the term national debtâ is used. The opposite of a budget deficit is a budget surplus, and when inflows equal outflows, the budget is said to be balanced.