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Give Reason of Explain the Statement Government Revenue is More than Government Expenditure. - Economics

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प्रश्न

Give reason of Explain the statement 

Government revenue is more than government expenditure. 

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उत्तर

When government revenue is more than its expenditure, it is called a surplus budget. In other words, it refers to the excess of government revenue over its expenditure. That is, Surplus budget = Government revenue – Government expenditure

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अध्याय 14: Public Economics - Exercise 2 [पृष्ठ १२९]

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मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 14 Public Economics
Exercise 2 | Q 2.3 | पृष्ठ १२९
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