Q: The excess of total government expenditure over total revenue, excluding debt repayment, is known as
(a)primary deficit
(b)fiscal deficit
(c)revenue deficit
(d)capital deficit
Correct Answer: (c)
Detailed explanation coming soon.
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Q: The excess of total government expenditure over total revenue, excluding debt repayment, is known as
Correct Answer: (c)
Detailed explanation coming soon.