Basically when a country spends more money than the amount of money they are receiving
when EXPENDITURE is greater than INCOME
Eg. If I have 60 million but I spend 80 million, I have -20million
This is a deficit
A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
Twin deficits or double deficits is a summary of the two related economic problems, the budget deficit and the international trade deficit. The budget government deficit is the difference between government revenue and it's spending. Both deficits occur when someone is spending more than they earn.
The government was under pressure to raise more taxes due to the budget deficit they had.
a federal budget deficit
sorry not Budget deficit... budget balance
A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE
Twin deficits or double deficits is a summary of the two related economic problems, the budget deficit and the international trade deficit. The budget government deficit is the difference between government revenue and it's spending. Both deficits occur when someone is spending more than they earn.
Primary deficit=Fiscal deficit-[minus] Interest payments
The government was under pressure to raise more taxes due to the budget deficit they had.
budget deficit
Taxpayers
a federal budget deficit
by cheating
Currently in 2010-2011 1. Revenue Deficit 2. Fiscal Deficit 3.Primary Deficit. There used to be these 2 more type which have been now abolished 4. Budget Deficit 5. Monetised Deficit ~wt.what@gmail.com