Budget deficit/Definition: Difference between revisions

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the excess of a goverment's expenditures over its receipts. See also [[cyclically-adjusted budget deficit]]
the excess of a government's expenditures over its receipts. See also [[cyclically-adjusted budget deficit]]

Latest revision as of 23:37, 16 February 2010

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Budget deficit [r]: the excess of a government's expenditures over its receipts. See also cyclically-adjusted budget deficit