Revenue deficit is defined as the (a) excess of plan expenditures over net tax revenue. (b) excess

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Revenue deficit is defined as the

(a) excess of plan expenditures over net tax revenue.

(b) excess of non-plan expenditures over tax revenue receipts.

(c) excess of both plan and non-plan expenditures over tax revenue receipts.

(d) excess of both plan and non-plan expenditures over both net tax revenue and non-tax revenue receipts.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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