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What is unbalanced (Deficit) budget? - Economics

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Question

What is unbalanced (Deficit) budget?

Very Short Answer
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Solution

An unbalanced budget is one in which the government’s receipts and expenditures are not equal.

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Chapter 30: Budget - TEST QUESTIONS [Page 30.28]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 30 Budget
TEST QUESTIONS | Q A. 19. | Page 30.28
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