պակասորդ

պակասորդ

In the red – when more money goes out than comes in. A budget deficit occurs when public spending exceeds government revenue. A current account deficit occurs when exports and inflows from private and official transfers are worth less than imports and transfer outflows (see balance of payments).

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Part of Speech: noun
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Blossary:
Industry/Domain: Economy
Category: Economics
Company: The Economist
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