A ____________ occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings.
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Q:
A ____________ occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings.
- 1Current Account Deficitfalse
- 2Budgetary Deficitfalse
- 3Revenue Deficitfalse
- 4Fiscal Deficittrue
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