That a country is buying more than is selling
That a country is selling more than is buying
That a government is spending more than in takes in taxation
That a government is spending less than it takes in taxation
That a government is spending as much as it takes in taxation
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A budget deficit simply means that the country is currently importing more than it is exporting. It is buying more than it is selling. A surplus means it is selling [exporting] more than it is buying [importing]. Therefore the answer is A
D reason is dat, government spend is regarded as proposed government expenditure while taxation is regarded as estimated gov. Revenue... And taxation is used to generate revenue.. And when d spending is higher dan d revenue, is result into budget deficit.....
c is d coret ans.....budget deficit occurs wen government proposed expenditure exceeds it estimated revenue.
The answer is C which is budget deficit. When government spend more than what he budgeted is called deficit but if less than is termed as budget surplus.
Budget deficit
The word deficit means loss
So, budget deficit means loss incurred in budget making.
That is budgeting higher than income which leads to loss. Not only to government but can also happen to companies and individuals.
The reason for that answer is that the government spending is regarded as proposed government expenditure while taxation is regarded as estimated government revenue.
c is correct,dat is 2 say wen there is a higher degree planned of a govt expenditure nd d decrease planned on her income revenue on both visible nd invisible import n export on dat yr transaction,dat is 2 say d buldget is deficited.
The question is wrongly composed:
The questions i answered is different from the answers given.... I answered 2016 questions and the answers given are for 1978 questions....WHY?
C is correct, because budget deficit means a situation were by govt expenditure is greater than gvt income,therefore if gvt is spending more than what d received in tax it is totally budget deficit!
when govt spendings exceeds estimated tax recieved it is referred to as deficit budget
c is the correct answer ....if the government is spending more than it takes in taxation.... it surely affect the economy of the country which will result as a inflation in cost of goods and services.
