Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter16: Government Spends, Collects, And Owes
Section16.3: The Federal Budget And The National Debt
Problem 1R
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Question
![Calculate revenue deficit from the following data:
NA
S.No.
Items
7 (in crore)
(i) Revenue receipts
(ii) Revenue expenditure
50,000
60,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2aad86fc-1fe4-41a7-bdde-0756064f7d46%2F01cfa6eb-429e-4467-9e30-156e2326d011%2Fghu9e6i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Calculate revenue deficit from the following data:
NA
S.No.
Items
7 (in crore)
(i) Revenue receipts
(ii) Revenue expenditure
50,000
60,000
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