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Marie Waters
13 February, 16:43
What is a budget deficit?
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Cruz Mitchell
13 February, 16:59
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Opposite of a budget surflus
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Ross Wolfe
13 February, 19:04
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A budget deficit occurs when an individual, business or government budgets more spending than there is revenue available to pay for the spending, over a specific period of time. Debt is the aggregate value of deficits accumulated over time.
^ these are not my own words, credit to google for this definition
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