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4 March, 19:34

What is a budget deficit?

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Answers (2)
  1. 4 March, 20:09
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    A budget deficit occurs when an individual, business or government budgets more spending than there is revenue available to pay for the spending, over a specific period of time. Debt is the aggregate value of deficits accumulated over time.

    ^ these are not my own words, credit to google for this definition
  2. 4 March, 22:57
    0
    Opposite of a budget surflus
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