What is a government budget deficit

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Reference no: EM133364213

Questions:

(a) What is a government budget deficit?

(b) What are the main causes of the huge budget deficit being experienced in most sub Saharan African countries including Kenya?

(c) What are the major methods of financing budget deficits used by these countries?

(d) The impact of budget deficit on the economy of a country depends on the sources of financing the deficit. Explain the impact of the methods of financing deficits discussed above in (c) on the economy and the business sector in general.

 

Reference no: EM133364213

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