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What is Surplus Budget? - Economics

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Question

What is Surplus Budget?

Very Short Answer
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Solution

Surplus budgets are those in which the government’s revenue exceeds its expenditure.

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Chapter 23: Measures to Correct Deficient and Excess Demand - TEST QUESTIONS [Page 23.11]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 23 Measures to Correct Deficient and Excess Demand
TEST QUESTIONS | Q A. 4. (iii) | Page 23.11
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