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प्रश्न
Government raises its expenditure on producing public goods. Which economic value does it reflect? Explain.
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उत्तर
The government expenditure on producing public goods increases the welfare of the nation. Through the budgetary policy, the government can reallocate resources so that social and economic objectives can be met in the following ways:
i. The government ensures productive expenditure to maximise the welfare of the nation with minimum level of profit.
ii. The government regularises the activities of the private sector to provide social benefit to the poor.
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संबंधित प्रश्न
In India budget is presented in the Parliament by the ............................................
(Prime Minister / Finance Minister / Chief Minister / Defence Minister)
Explain how government budget can used to bring in price stability in the economy.
Explain the role of government budget in bringing stability in the economy.
Answer the following question.
Explain how the government can use the budgetary policy in reducing inequalities in incomes.
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?
Identify the objective of the budget.
The primary deficit in a government budget is:
State any two features of public goods.
Which objective of the government budget is achieved through progressive taxation and transfer payments to bring about a fair distribution?
The objective of economic growth in the government budget works by creating conditions for:
Poverty and unemployment reduction programmes are run under which objective of the government budget?
The three core functions of a government budget are:
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:
