Fiscal deficit In a system of indicative planning reliance‚ fiscal policy plays an instrumental role in the economy of any country. Planning Commission of India had pointed out in the Seventh Five Year Plan that‚ the “Fiscal policy has a multi-dimensional role” which “particularly aims at improving the growth performance of the economy and ensuring social justice to the people. However‚ when a fiscal policy is not used discreetly‚ it is likely to create a fiscal mess.....A fiscal imbalance requires
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Budget Deficit For many decades‚ there has been a concern for the deficit within the United States. Many politicians‚ authors‚ newscasters‚ and citizens have expressed their distress in order to resolve or control the issue. Keynesian economic theory states that running a budget deficit is okay‚ as long as the deficit is not exorbitantly large and is not carried for a long period of time. Even though many experts agree with this notion‚ having a deficit at all is important to the present and
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He is betting that trade deficit will not be fixed and American’s bad habit of borrowing from abroad to pay for today will not stop. This is caused by Americans spending far more on imports than they are earning from exports. To finance this trade deficit‚ the U.S. borrows from abroad. Also‚ the U.S. government is spending more than it takes in from taxes. The budget deficits widens the gap between the national income and national savings and increases the deficit in the current account by
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Defination Deficit Financing Deficit budget means that Govt. expenditure is more than its income from taxes and fee etc. Resources for deficit budget are met by borrowing‚ which is called Deficit Financing. In Pakistan deficit financing is needed because development programs require huge finance whereas domestic savings and income from taxes are not sufficient enough for this purpose. Increasing savings habits‚ population control‚ elimination of corruption‚ decrease in non-productive expenditure
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DYSLEXIA AND THE PHONOLOGICAL MODEL Over one hundred years ago‚ in November 1896‚ a doctor in Sussex‚ England‚ published the first description of the learning disorder that would come to be known as developmental dyslexia. "Percy F.‚... aged 14‚... has always been a bright and intelligent boy‚" wrote W. Pringle Morgan in the "British Medical Journal‚" "quick at games‚ and in no way inferior to others of his age. His great difficulty has been--and is now--his inability to learn to read." (Sec
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Perspectives Factors in HIV/AIDS transmission in sub-Saharan Africa Givans K. Ateka1 At the end of 2000‚ over 70% of the 36 million people living with HIV/AIDS were in sub-Saharan Africa and 16% in South-East Asia‚ while the rest of the world accounted for less than 14% (AIDS epidemic update: December 2000‚ UNAIDS/WHO‚ 2000). Close to 80% of resources targeted for HIV/AIDS-related expenditure are utilized in regions accounting for less than 5% of the pandemic. A look at some of the factors
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There is always a misconception telling people‚ deficit is bad. Today‚ around the world there are many big countries are warnings by the dangers of the budget deficit. Budget deficit‚ is the most commonly used to a deficit in government spending is the most likely to be misinterpreted as a bad sample. However‚ sometimes a certain percentage of deficit is needed in order to make sure that the market economic will goes right. Budget deficit can occur when the business or government exceeds the revenue
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Definition: A current account deficit is when a country’s government‚ businesses and individuals import more goods‚ services and capital than they export. That’s because the current account measures trade‚ as well as international income‚ direct transfers of capital‚ and investment income made on assets‚ according to the Bureau of Economic Analysis. When those within the country rely on foreigners for the capital to invest and spend‚ that creates a current account deficit. Depending on why the country
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The struggle with prior knowledge Deficit Prior knowledge comes from visual experiences‚ seeing those mental pictures of a subject. Prior knowledge comes before understanding what readers read‚ or understanding the subject. A deficit in prior knowledge inhibits student learning by taking away their educational experiences and replacing them with standardized testing. To begin with‚ prior knowledge plays an important role in enabling students to learn to read‚ and to read to learn. First‚ learning
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Does the EU suffer from a democratic deficit? If so‚ can it be solved by conferring greater powers on the European parliament? ------------------------------------------------- ------------------------------------------------- The ‘standard version’ of the democratic deficit formulated by Weiler‚ consisting of the increased role of the executive Commission in matters of legislation‚ the weakness of the European Parliament (hereafter the EP)‚ the lack of ‘European’ elections‚ EU distance to
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