Deficit budget refers to that situation in which the government’s budget expenditure is its budget receipts.

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The correct option is B >
Deficit budget refers to that situation in which the government’s budget expenditure is more than its budget receipts.

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Deficit budget refers to that situation in which government’s budget expenditure is:

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Deficit budget refers to that situation in which the government’s budget expenditure is its budget receipts.

The correct option is B >Deficit budget refers to that situation in which the government’s budget expenditure is more than its budget receipts.

The correct option is B >
Deficit budget refers to that situation in which the government’s budget expenditure is more than its budget receipts.