Question

merits of balanced budget​

Answer 1

Answer:

A balanced budget amendment could allow the government to increase spending and lower taxes when times are good and force cutbacks during recessions -- precisely when doing so would weaken economic activity and worsen the recession. Deficits tend decrease or increase as a result of economic activity.❤✌#⃣❤✌

Answer 2

Balanced budget is a budget for the estimated government expenditure is equal to the estimated government revenue. It shows that the government is not doing wasteful expenditure. When the government budget is balanced then the government can do expenditure on several productive fuses like building infrastructure schools and many other government institutions. Also the government can do investment in the domestic territory and also in the foreign territory. Also the government can create employment opportunities in different sectors.