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CBSE Class 12-commerce Answered

What is the difference between deficit and debt?
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
answered-by-expert Expert Answer

Deficit can be considered as a flow which is added to the stock of debt. If the government borrows money continuously which gets accumulated and the government needs to make more interest payment,  it leads to a debt in the economy.

Answered by | 19 Apr, 2016, 11:41: AM
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 10:42: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 10:40: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:41: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
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