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प्रश्न
In order to tackle the problem of rising general price in an economy, government may come up with a surplus budget to achieve the budget objective of ______.
- reallocation of resources
- price stability
- redistribution of income
विकल्प
(i) only
(ii) only
(iii) only
(i) and (iii)
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उत्तर
(ii) only
Explanation:
Surplus budget (Government Receipts > Government Expenditure) is used to limit the economy's growing prices. It will help to sponge up the economy's liquidity or money supply. It will cause a drop in aggregate demand and the price level. It has nothing to do with resource reallocation or revenue redistribution.
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संबंधित प्रश्न
Government raises its expenditure on producing public goods. Which economic value does it reflect? Explain.
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?
Explain how government budget can be helpful in bringing economic stabilization in the economy.
Answer the following question.
Explain how the government can use the budgetary policy in reducing inequalities in incomes.
Explain the economic stability as objectives of government budget.
Explain the concept of ‘fiscal deficit’ in a government budget. What does it indicate?
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 ______
The primary deficit in a government budget is:
State any two features of public goods.
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 objective of economic stability aims to reduce fluctuations in:
The distribution function uses taxes and transfer payments to change:
The stabilisation function of the government budget stabilises the economy by adjusting:
