If budgetary deficit is nil and borrowings and other liabilities are 7

1.	If budgetary deficit is nil and borrowings and other liabilities are 70 crore, what is the amount of fiscal deficit ?
Answer» ANSWER: Public goods are those goods and services for which consumption by some individuals does not REDUCE the AMOUNT available to others. For EXAMPLE parks,roads,water,bridges,national defense etc.. these goods are non-rival and non-excludable ones. people receives benefits from public goods but do not pay for them.Such a goods can only prepared by GOVERNMENT.

If budgetary deficit is nil and borrowings and other liabilities are 70 crore, what is the amount of fiscal deficit ?

Answer»

Public goods are those goods and services for which consumption by some individuals does not REDUCE the AMOUNT available to others.

For EXAMPLE parks,roads,water,bridges,national defense etc..

these goods are non-rival and non-excludable ones.

people receives benefits from public goods but do not pay for them.Such a goods can only prepared by GOVERNMENT.