ECONOMICS (CBSE/UGC NET)

ECONOMICS

FISCAL POLICY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This amount is the sum of all money the government has borrowed
A
National Debt
B
Budget Deficit
C
Budget Surplus
D
Tight Money
Explanation: 

Detailed explanation-1: -The national debt refers to the total amount that the government has borrowed over time. In contrast, the budget deficit refers to how much the government has borrowed in one particular year.

There is 1 question to complete.