Home » Economics » The situation whereby in a fiscal year a government’s revenue receipt are less than its…The situation whereby in a fiscal year a government’s revenue receipt are less than its… The situation whereby in a fiscal year a government’s revenue receipt are less than its expenditures is referred to as? A. budget deficit B. balance budget C. budget surplus ‘ D. budget statement E. unfavourable budget. Correct Answer: Option A Explanation Related Posts International trade arise because? Foreign exchange control in Nigeria is enforced by the Population growth can be calculated as ? The Gross Domestic Product is defined as the total value of? The best method to curb inflation in Nigeria is to The main function of price in the economic system is to?
