The excess of total expenditures over total receipts is known as:

+1 vote

asked Mar 20, 2019 in Mathematics by kratos

a) Fiscal Deficit

b) Revenue Deficit

c) Budget Deficit

d) of These

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+6 votes

answered Feb 23, 2020 by kratos

Best answer

The excess of total expenditures over total receipts is known asBudget Deficit.

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