From the data given below calculate the revenue deficit? 14,23,563Ohe domesticindlaai Exchange1. Revenue Receiptscpxs 17,34,5612. Revenue Expenditure=5,90,845importssibo eaqisss hna Penses pnrotHos ast importingPomestic imtes3. Capital Receiptseme4. Capital Expenditure2,79,8475. Total Receipts (1+3)sta20,14,408233920,14,4086. Total Expenditure (2+4)20NIWOTIOO7. Recoveries of Loans and Other Receipts56,5718. Borrowings and Other Liabilities5,34,2749. Interest Paymentthe4,83,069

As per the question We have to find the revenue deficit =? So, Revenue receipts are = 1423563…

14,23,563 ri he domestic sin Exchange 1. Revenue Receipts 17,34,561 2. Revenue Expenditure 5,90,845 3. Capital Receipts odwr Domeptic imtetm 4. Capital Expenditure 2,79,847 20,14,408 2339t 20,14,408 5. Total Receipts (1+3) 6. Total Expenditure (2+4) 7. Recoveries of Loans and Other Receipts 56,571 8. Borrowings and Other Liabilities 5,34,274 9. Interest Payment 4. 92 06O

14,23,563 ri he domestic sin Exchange 1. Revenue Receipts 17,34,561 2. Revenue Expenditure 5,90,845 3. Capital Receipts odwr Domeptic imtetm 4. Capital Expenditure 2,79,847 20,14,408 2339t 20,14,408 5. Total Receipts (1+3) 6. Total Expenditure (2+4) 7. Recoveries of Loans and Other Receipts 56,571 8. Borrowings and Other Liabilities 5,34,274 9. Interest Payment 4. 92 06O

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Calculate the fiscal deficit when:- Total expenditure = $75000 Revenue receipts = $50,000 Non debt capital recipts = $5000
Calculate the revenue deficit from the following data:- (1) Revenue receipts = 50,000 (2) Revenue expenditure = 60,000
Briefly explain what is a debt trap for a country?
How does tax cuts encourage savings and investment
How fiscal policy tools differ in islamic economy?
Use some of the information below to determine which statement is TRUE. Corporate profits: 45 Depreciation: 28 Exports: 100 Government Purchases of Goods and Services: 320 Government Transfer Payments: 255 Gross Private Domestic Investment: 160 Imports: 119 (Net) Indirect Business Taxes: 7 Net Factor Payments to Rest of World: 25 Personal Consumption Expenditures: 626 Total government tax and fee revenue: 368 Wages and Salaries: 829 The trade deficit is 19 The trade deficit is 12 The trade deficit is 20 The trade surplus is 58 The trade surplus is 24
Please answer the questions related to the national budget deficit in the United States. Which of the reasons given is often cited as a benefit of running a budget deficit? operating with a budget deficit lesses the impact of a recession budget deficits reduce tax costs for American workers working under deficit conditions helps to smooth out tax rates over time running a deficit helps to increase spending for public assistance programs
The imaginary country of Acordia lists the following projected revenues and outlays for 2020: $30 million in personal income tax, $20 million in corporate income tax, $7 million in indirect taxes, $2 million in investment income, $35 million in transfer payments, $14 million in government expenditures, and $4 million in debt interest. What is the projected budget surplus (or deficit) for 2021? Calculate the amount and indicate whether it is a surplus or deficit.
What is the role of fiscal policy in developed countries? Give example
Discuss the relationship between revenue deficit and fiscal deficit
What do you understand by the term Fiscal Policy?
What is classes as an expansionary fiscal policy?