The excess of total expenditure including loan net of recovery over the revenue receipt and non debt receipt is called Gross Fiscal deficit not called Fiscal Deficit, as per definition... pls reply if wrong
@abhikumar0556 жыл бұрын
correct sequence of business cycle is boom recession depression recovery as per Macmillan book chapter of business cycle.
@luetel888888886 жыл бұрын
Bro business cycle is round like a wheel 🎡 so it can be stared from anywhere but most important u should know the cycle that is boom-recc-depr-recov- or it could be ress-dep-rec-boom or Dep - recovery-boom - rec-