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Debt Part 3
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5.2.3 various perspectives on government debt.

Mohini Jain
Gold medalist in Economics and graduate from St. Francis. Loves to read novels.

Comments
(2)
Unacademy user
how is Fiscal deficit accompanied by higher demand and greater output ?
Mohini Jain
6 months ago
Hey Chanchal... Fiscal deficit means more expenditure of government than the income... So the government will borrow more(demand) ... And spend the borrowing increasing the output..
Mohini Jain
6 months ago
And fyi.. There is plus course on all these ncerts... The registrations will close tomorrow... You can check it out :)
Chanchal Tomar
6 months ago
thank you , i want to join mrunal's economy for 2019 , but the batch is full . can u help me getting a seat there ?
Mohini Jain
6 months ago
I'm sorry.. Can't help you with that... :)
What about 5.2 5.2.1 and 5.2.2 is that not important for UPSC?
Mohini Jain
10 months ago
Yes...