Budget deficit: what it means and how it affects our economy
It is important to understand the concept of a budget deficit as it can have a significant impact on the economy. A budget deficit occurs when a budget's expenditure exceeds its income. This can lead to debt and have long-term consequences for the economy. In this article, we will take a closer look at the concept of a budget deficit and analyse its impact on the economy. What is a budget deficit? A budget deficit occurs when [...]
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