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Describe the term budget deficit?
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Asked 10/19/2010 9:55:03 AM
Updated 189 days ago|8/17/2023 7:22:15 AM
1 Answer/Comment
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Edited by yumdrea [8/17/2023 7:22:00 AM]
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User: Describe the term budget deficit?

Weegy: The primary deficit is defined as the difference between current government spending and total current revenue from all types of taxes. [ The total deficit (which is often just called the 'deficit') is spending, plus interest payments on the debt, minus tax revenues.[1] ]
Expert answered|cdfan76|Points 912|



User: what is the government attempts to pay for budget deflict, and where do they get the money?

Question
Asked 10/19/2010 9:55:03 AM
Updated 189 days ago|8/17/2023 7:22:15 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Edited by yumdrea [8/17/2023 7:22:00 AM]
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A budget deficit is when government expenses exceed revenue.

Added 189 days ago|8/17/2023 7:22:01 AM
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Questions asked by the same visitor
what is meant by the term National Debt?
Question
Updated 2/14/2015 1:05:08 PM
1 Answer/Comment
National Debt: Total outstanding borrowings of a central government comprising of internal (owing to national creditors) and external (owing to foreign creditors) debt incurred in financing its expenditure.
Added 2/14/2015 1:05:08 PM
This answer has been confirmed as correct and helpful.
Confirmed by sujaysen [2/14/2015 1:06:58 PM]
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