Fiscal deficit is defined as the difference between (a) revenue receipts and total expenditures. (b) revenue receipts

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Fiscal deficit is defined as the difference between

(a) revenue receipts and total expenditures.

(b) revenue receipts and revenue e~penditures.

(c) capital receipts and capital expenditures.

(d) both revenue receipts and capital receipts and both revenue and capital expenditures.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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