Explain the concept of deficit budget?

1.	Explain the concept of deficit budget?
Answer» Answer: A budget deficit occurs when expenses EXCEED revenue and INDICATE the financial HEALTH of a country. The government generally uses the term budget deficit when referring to spending RATHER than businesses or individuals. Accrued deficits form national debt. Hope it helps!! Thank u

Answer»

Answer:

A budget deficit occurs when expenses EXCEED revenue and INDICATE the financial HEALTH of a country. The government generally uses the term budget deficit when referring to spending RATHER than businesses or individuals. Accrued deficits form national debt.

Hope it helps!!

Thank u

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Explain the concept of deficit budget?

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