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The situation where government revenue in a fiscal year is less than its expenditure is ...
Classroom
Economics Classroom
Waec
Waec 1992
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The situation where government revenue in a fiscal year is less than its expenditure is referred to as
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Budget deficit
B
Balanced budget
C
Budget surplus
D
Budget statement
E
Unfavourable budget
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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