The gap between Government’s total expenditure and its total receipts (excluding borrowing) is known as:

Posted by: Pdfprep Category: GLO_CWM_LVL_1 Tags: , ,

The gap between Government’s total expenditure and its total receipts (excluding borrowing) is known as:
A . Fiscal Deficit
B . Revenue Deficit
C . Budget Deficit
D . Revenue Receipt

Answer: A

Leave a Reply

Your email address will not be published.