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Commerce, Financial Accounting, Human Resource Management,, Cost Accounting, Principles of Business

Category: Economics

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What is deficit financing? what role does it play in the economic development Deficit Financing :- Professor Dillard says that “The programme of public investment should be financed by the borrowing rather than by taxation this kind of borrowing is called deficit financing.” If during a given period of time the expenditure of government exceeds […]
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UK Budget Deficit

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In Economics
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On September 6, 2017
The budget deficit is the annual amount the government has to borrow to meet the shortfall between current receipts (tax) and government spending. Net borrowing for the UK 2016/17 is £45bn or 2.3% of GDP [OBR – J511] National debt or public sector net debt –  is the total amount the government owes – accumulated […]
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In the past two decades, the UK has experienced a steady flow of net migrants into the economy. This net migration has had a wide-ranging impact on UK population, wages, productivity, economic growth and tax revenue. To what extent does net migration benefit the UK economy? International Migration ONS In 2016, Net long-term international migration […]
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