Q
Deficit financing is an economic term which Implies?
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A
A. Government spends more money than it receives as revenue
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B
B. Government spends less money than it receives as revenue
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C
C. Government spends the same amount of money which it receives in revenue
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D
D. Government borrows from the central bank of country
Correct Answer:
A. A. Government spends more money than it receives as revenue
