revenue deficit

When Expenditure Exceeds The Total Revenue It Is Called?

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When Expenditure Exceeds The Total Revenue It Is Called? Revenue deficit is that which occurs when the government’s total revenue expenditure exceeds its total revenue receipts. When total expenditure is more than total revenue in budget is called? The excess of total expenditure over total receipts excluding borrowings is called Fiscal Deficit. In other words,

What Does It Mean If Revenue Is Less Than Expenditure?

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What Does It Mean If Revenue Is Less Than Expenditure? What does it mean if revenue is less than expenditure? What is a Revenue Deficit? A revenue deficit occurs when realized net income is less than the projected net income. This happens when the actual amount of revenue and/or the actual amount of expenditures do