The Budget Deficit means?
A. Difference between revenue receipts and revenue expenditure
B. Fiscal deficit fewer interest payments
C. Difference between all the receipts and all the expenditure
D. The excess of total expenditure, including loans, net of lending over revenue receipts
Answer:C
The Budget Deficit means?
A. Difference between revenue receipts and revenue expenditure B. Fiscal deficit fewer interest payments C. Difference between all the receipts and all the expenditure D. The excess of total expenditure, including loans, net of lending over revenue receipts