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प्रश्न
Explain how government budget can be helpful in bringing economic stabilization in the economy.
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उत्तर
Taxes and government expenditure can be influenced in bringing economic stabilisation in the following ways:
1) A tax is a legally compulsory payment imposed by the government on households and producers. The government imposes taxes on socially unsafe goods such as alcohol and tobacco. Thereby resources will be shifted to the production of socially essential goods.
2) Subsidies do not reduce the liability of the government and it does not add to the assets of the government. The government also provides subsidies for necessary goods such as wheat, rice and sugar. Thereby the resources are shifted from the production of goods for the rich to the production of goods for the poor.
Thus, government budget can be helpful in bringing economic stabilisation in the economy.
संबंधित प्रश्न
Explain the role of government budget in bringing stability in the economy.
Explain how government budget can be used to influence the distribution of income?
Answer the following question.
Explain how the government can use the budgetary policy in reducing inequalities in incomes.
Explain the budget expenditure of the government.
Explain the ‘redistribution of income’ objective of Government budget.
Define of the following concept.
Balanced budget
Explain why public goods must be provided by the government.
Which of the following are the objectives of government budget?
The Government can achieve its budget objective of ‘Redistribution of Income’ by ____________.
Direct tax is called direct because it is collected directly from ______
Two friends Komal and Ritika were discussing the Government budget.
"Through its budgetary policy the government of a country directs the allocation of resources in a manner such that there is a balance between the goals of profit maximisation and social welfare".
The above-mentioned statement was given by Komal, identify the objective of Government budget was she talking about?
Which objective of the government budget is achieved through progressive taxation and transfer payments to bring about a fair distribution?
To generate employment, the government budget promotes which type of technology?
Poverty and unemployment reduction programmes are run under which objective of the government budget?
The distribution function uses taxes and transfer payments to change:
The stabilisation function of the government budget stabilises the economy by adjusting:
During inflation, the stabilisation function curtails demand in order to:
In the trade cycle, the phase that immediately follows depression is:
