What is Public Deficit?
1.
the gap between revenues and expenditures for a government (over a given period of time); often referred to as an
The public deficit accumulates over each time period (usually a year) into what is known as the public debt.
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1.
the gap between revenues and expenditures for a government (over a given period of time); often referred to as an
The public deficit accumulates over each time period (usually a year) into what is known as the public debt.
See
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