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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
Explain how government budget can used to bring in price stability in the economy.
Explain any one objective of Government Budget.
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?
Answer the following question.
Explain how the government can use the budgetary policy in reducing inequalities in incomes.
Explain the role of the government budget infighting inflationary and deflationary tendencies.
Explain the budget expenditure of the government.
Explain the economic stability as objectives of government budget.
Explain the concept of ‘fiscal deficit’ in a government budget. What does it indicate?
Explain the ‘redistribution of income’ objective of Government budget.
Define of the following concept.
Balanced budget
Explain why public goods must be provided by the government.
Direct tax is called direct because it is collected directly from ______
The primary deficit in a government budget is:
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
State any two features of public goods.
