A deficit-budget unit is a net borrower of funds from the financial marketplace; that is DD

Question

A deficit-budget unit is a net borrower of funds from the financial marketplace; that is DD < DFA.

Quizplus · Accepted Answer

A deficit-budget unit refers to an entity (such as a government, corporation, or individual) that spends more than it earns, resulting in a need to borrow funds to cover the shortfall, thus making it a net borrower from the financial marketplace. DD < DFA means its expenditures (DD) are less than its financial needs (DFA), indicating a need to borrow.

A Deficit-Budget Unit Is a Net Borrower of Funds from the Financial