Deficit budget means
A. An excess of government’s revenue over expenditure
B. An excess of government’s current expenditure over its current revenue
C. An excess of government’s total expenditure over its total revenue
D. None of above
Answer:C
Deficit budget means
A. An excess of government’s revenue over expenditure B. An excess of government’s current expenditure over its current revenue C. An excess of government’s total expenditure over its total revenue D. None of above