The article discusses the essence of fiscal deficit. Though fiscal deficit is allowable as experienced normally by all countries, the author contends, however, that this should never exceed the government's expenditure on capital goods. Meanwhi...
Fiscal Deficit Definition Fiscal Deficit is an economic phenomenon, when a government's total expenditures exceed the revenue that it generates. It gives the signal to the government about the total borrowing requirements. Additional meaning of Fiscal Deficit: ...
Definition:Fiscal Deficitrefers to the financial situation wherein the government’stotal budget exceeds the total receipts excluding borrowingsmade during the fiscal year. Thus, it can be expressed as: Fiscal Deficit = Total Expenditure – Total Receipts Excluding Borrowings Through Fiscal deficit, the...
From Longman Business Dictionaryfis‧cal/ˈfɪskəl/adjective[only before a noun]connectedwith government taxes, debts, and spendingThefiscal deficitwas estimated at $53,800,000 or 3.5% of gross national product.The current fiscal crisis is the result of overborrowing by the previous admin...
Why is '-ed' sometimes pronounced at the end of a word? Popular in Wordplay See All Terroir, Oenophile, & Magnum: Ten Words About Wine 8 Words for Lesser-Known Musical Instruments 10 Words from Taylor Swift Songs (Merriam's Version) ...
000.a trade deficit(=the difference between the amount of goods a country imports and the amount it exports)Last year the country had its largest trade deficit in recent history.verbshave a deficitWe had a trade deficit of more than $4 billion.show a deficitFriday's trade figures showed a...
The meaning of WIDEN is to increase the width, scope, or extent of. How to use widen in a sentence.
Mean is the average value of the given set of observations. In statistics, we also come across different types of mean such as Arithmetic, Geometric and Harmonic mean. Leant how to find the mean here.
Acronyms are short words that are formed by combining the first letters of words representing the name of something. Go through the article to learn more about acronyms, and check out the list of commonly used acronyms.
Others argued that going over the fiscal cliff would significantly reduce the federalbudget deficit. Key Takeaways A fiscal cliff describes a critical imbalance in the federal government's revenues compared to its obligations, creating the risk of a looming budget deficit. ...