Answer:
So, in simple terms, a higher fiscal deficit means higher borrowing by the government which in turn mean higher interest rates in the economy. Debt Trap – Fiscal deficit indicates the total borrowing requirements of the government.
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Answers & Comments
Answer:
So, in simple terms, a higher fiscal deficit means higher borrowing by the government which in turn mean higher interest rates in the economy. Debt Trap – Fiscal deficit indicates the total borrowing requirements of the government.
Answer:
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