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प्रश्न
Explain the meaning of Budget set
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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
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संबंधित प्रश्न
Distinguish between Surplus budget and Deficit budget.
Define the following concept:
Budget
Write short answer for the following question:
What are the Typing of Budget.
Write short notes (Any Two)
Revenue Receipts
Give reasons or explain the following statement:
For the period of inflation surplus budget is prepared.
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?
Find the odd word out:
Types of budget:
A Deficit Budget is one in which:
A Surplus Budget is used during inflation primarily to:
The classification of budgets into Union Budget and State Budget is based on:
Why is a Surplus Budget NOT suitable during a recession?
A Deficit Budget is described as a key instrument of:
Which type of budget is associated with welfare state objectives?
