Economy, asked by swatiankolikar, 5 hours ago

How is Balanced Budget different from unbalanced Budget?

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Answered by thor8915
1

Answer:

Ideally a balanced budget is a good policy to bring the near full employment economy to a full employment equilibrium. ... When government estimated expenditure is either more or less than government estimated receipts, the budget is said to be an unbalanced budget. It may either be surplus budget or deficit budget.

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