The use of borrowing to finance an excess of expenditure over income is known as:

Related MCQs

• The excess of an expenditure flow over an income flow is termed as:
• Which of the following measures would the government take to finance its borrowing requirements?
• National income accounting is the study of the income and expenditure of the entire -
• While determining income the expenditure on which of the following items is not considered as investment?
• The functional relationship between income and consumption expenditure is explained by -
• Whch of the following curve describes the variation of household expenditure on a particular good with respect to household income?
• A siuation where we have people whose level of income is not sufficient to meet the minimum consumption expenditure is considered as -
• What is called if estimate of income and expenditure are for future as opposed to an account that records financial transaction?
• The excess of the value of imports of goods and services over the value of exports of goods and services is called:
• If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should -