National Deficit Effect on the Economy
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Added on 2023-06-07
About This Document
This article discusses the implications of national deficit on the economy, including its impact on employment, currency exchange rates, and more. It explains the concept of fiscal deficit and its two types, revenue deficit and capital deficit. The article also highlights the consequences of high fiscal deficit, such as inflation, slowed growth and development, and unemployment. It concludes that improper use of fiscal deficit may lead to a slowed down economy.
National Deficit Effect on the Economy
Added on 2023-06-07
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