Explain the function of the National Budget
Answers
ANSWER.
Government budget is used to prevent business fluctuations of inflation or deflation to achieve the objective of economic stability. The government aims to control the different phases of business fluctuations through its budgetary policy.
Answer:
first let me define what budget is
A budget is a financial plan. The idea is that you’re going to limit your spending to a specific amount so that you can save for the future.
Explanation:
A national budget is generally what a government goes by and uses in relation to governmental spending for that period of time (military, education, healthcare, security, infrastructure) for example.
National budgets are generally made up of income acquired through taxation, bond sales, procurement sales and debt.
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