Advertisements
Advertisements
प्रश्न
Explain the meaning of Budget set
Advertisements
उत्तर
A budget set refers to attainable bundles of a set of two goods, given the prices of goods
and the income of the consumer.
An equation of the budget set is P1X1 + P2X2 < M.
where
X1 = Quantity of Good-1
X2 = Quantity of Good-2
P1 = Price of Good-1
P2 = Price of Good-2
APPEARS IN
संबंधित प्रश्न
Distinguish between Surplus budget and Deficit budget.
Give the equation of Budget Line.
State whether the following statement is True or False :
Budget is a monthly statement - False.
Write short answer for the following question:
What are the Typing of Budget.
Write short Answer for the following question:
Explain the components of government budget ?
Write short notes (Any Two)
Revenue Receipts
State whether the following statements are True or False with reasons:
The expenditure is more than income in balanced budget.
Write the answers in ‘one’ or ‘two’ paras each:
Explain the types of Government budget.
Fill in the blank with appropriate alternatives given below
When Government revenue exceeds, government expenditure it is known as __________ budget.
Fill in the blank with appropriate alternatives given below
During depression, __________ budget is preferable.
Distinguish between:
Deficit budget and balanced budget
State with reason whether you agree or disagree with the following statement.
During the period of inflation, Surplus Budget is advisable.
Define "Trade surplus" and "Trade Deficit".
Surplus budget is that budget where in ______.
Which of the following points relates to surplus budget?
Identify the right group of pairs from the given options.
| Column I | Column II |
| i) Direct tax | a) Non-tax revenue |
| ii) Indirect tax | b) Inflation |
| iii) Fees and Fines | c) GST |
| iv) Surplus budget | d) Personal income tax |
identify the right group of pairs from the given options.
| i) Direct tax | a) Non-tax revenue |
| ii) Indirect tax | b) Inflation |
| iii) Fees and Fines | c) GST |
| iv) Surplus budget | d) Personal income tax |
