strong stock market, has brought down deficits faster than anticipated, even as the Iraq war has contributed to hefty spending increases in recent years.此题是数字细节题,根据"A deficit for fiscal 2007 in that range would mark a decline from the 248 billion gap recorded last year. " 可知B...
The fiscal deficit can occur even if the revenue deficit is not there if the following conditions prevail: Revenue budget is balanced, but the capital budget is in deficit. Revenue budget is in the surplus, and the capital budget is in deficit, and the deficit is more than the surplus. Bo...
(2013). What Lies Behind Fiscal Deficit: A Case of Pakistan. Transylvanian Review of Administrative Sciences, No. 40 E/2013, pp. 96-113.Kalim, Rukhsana, Muhammad Shahid Hassin, "WHAT LIES BEHIND FISCAL DEFICIT: A CASE OF PAKISTAN", Transylvanian Review of Administrative Sciences, 2012, No....
A fiscal deficit is a situation in which the approved expenditures of a government are more than the amount of revenue that's...
Business What is the meaning of deferred revenue expenditure?Question:What is the meaning of deferred revenue expenditure?Revenue Expenditure:In economic terms, a manufacturer's overall expense while producing its commodities and services is known as revenue expenditure. In a certain fiscal period, ...
Exclamatory Sentences: In this article, you will learn the meaning, definition, usage and points to be remembered when forming exclamatory sentences. Take a look at the examples given as well so as to have a far better understanding of the same.
If you work for yourself, the amount of FICA tax is twice as much, although half is deductible from your annual federal tax bill. There's little disagreement about the importance of FICA taxes. They're used to pay for Social Security and Medicare, two of the U.S. government's largest ...
It is generally defined as two consecutive quarters of negative GDP growth, meaning the economy is producing less than it did in the previous quarter. During a recession, key economic indicators such as employment, consumer spending, industrial production, and business investment often experience ...
Understanding Fiscal Policy U.S. fiscal policy is largely based on the ideas of British economistJohn Maynard Keynes(1883-1946). He argued that economic recessions are due to a deficiency in the consumer spending and business investment components of aggregate demand. ...
Primary deficit: The fiscal deficit for the current year minus interest payments on previous borrowings Revenue deficit: Theshortfall of total revenuereceipts compared with total revenue expenditures for a government Structural deficits: Occur when a country posts a deficit even though its economy is op...