Economics How Fiscal Deficit Affects Economic Growth ? 24 Jul 2020 How Fiscal Deficit Affects Economic Growth ? Keynesian View - According to many Keynesian economists fiscal deficit promotes economic growth. In India, in the past some years as between 1997-2003,…
Economics What are the Different Types of Deficit ? 23 Jul 202026 Jul 2020 What are the different types of Deficit ? Budget Deficit - A budget deficit occurs when an organization or government does not earns enough revenue to cover its expenditure. There…
Economics… What is the Government Budget Constraint ? 20 Jul 2020 What is the Government Budget Constraint ? Generally, the government finances its expenditure through the revenue received from taxes (both direct and indirect). When government expenditure exceeds its revenue received…