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Fiscal excess refers to a situation where a government's expenditures exceed its revenues, leading to a budget deficit. This can occur when a government spends more on public services, infrastructure, or social programs than it generates from taxes and other income sources. Persistent fiscal excess can result in increased national debt and may necessitate borrowing or tax increases to cover the shortfall. It can also lead to economic instability if not managed properly.

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3mo ago

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What is the Difference between fiscal deficit and revenue surplus?

Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.


What does fiscal mean?

Fiscal usually relates to matters of financial stature. Fiscal could also relate to taxes and government issues. The use of the word fiscal can be combined in conjunction with fiscal cliff, fiscal year, fiscal deficit, fiscal policy and fiscal parish.


What amount should be used to shift aggregate demand by fiscal policy when macro equilibrium is above full employment?

by the amount of the Aggregate demand excess. known as the Inflationary gap


What is fiscal duties?

What is fiscal duty?


What is full form of FISCAL?

fiscal


What is fiscal consolidation?

Fiscal consolidation is a policy aiming at reducing fiscal deficit of government .


What is the difference between fiscal and non fiscal metering?

The difference between fiscal & non-fiscal metering is when the measurement value is relevance to money.


Fiscal policies deal with?

Fiscal policies deal with finances usually budgets.


What is the optimum working capital?

Optimum working capital is that point where working capital is neither short from requirements nor excess working capital available at any time during fiscal year.


Features and effectiveness of fiscal policy?

features of fiscal


How do you use the word fiscal in a sentence?

Fiscal is an adjective for something that is related to financial matters. Example sentence:The federal government has fiscal problems, but our state is in serious fiscal trouble.


Assume the economy is at full employment and that investment spending declines dramatically Under these conditions government fiscal policy should be directed toward?

b.) an excess of tax receipts over government expenditures