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Clearly explain the meaning of deficit financing of the national budget.

      

Clearly explain the meaning of deficit financing of the national budget.

  

Answers


Wilfred
A national budget is a quantitative financial statement outlining ways in which governments plan to raise revenue and to spend it. Such a budget may be surplus, balanced or deficit in nature. Whenever expenditure exceeds revenue, a financing deficit may then be operated deliberately.
Wilfykil answered the question on February 6, 2019 at 12:30


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