AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 119 Topic 12 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 119 Topic 12 Discussion

GLO_CWM_LVL_1 Exam Topic 12 Question 119 Discussion:
Question #: 119
Topic #: 12

The gap between Government’s total expenditure and its total receipts (excluding borrowing) is known as:


A.

Fiscal Deficit


B.

Revenue Deficit


C.

Budget Deficit


D.

Revenue Receipt


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