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Budget is an estimation of the income and expenditure of a private individual, business or government over a period of time.
New jobs would reduce the amount spend on transfer payments ( Spending on unproductive purposes ) such as unemployment benefits. This will reduce the government spending and lead to a surplus or a balanced budget.
As new jobs are introduced, corporate profits will rise. This causes high income tax revenue to flow to the government along with high corporate income tax revenue. This is tend to increase the government revenue and lead to balanced or surplus budget.
What else can I help you with?
Impact of budget on the Indian economy?
What is the impact of budget on th Indian economy?
One of the most important budgets is the sales budget unfortunately this budget can also fluctuate the most List five reasons why the sales budget may fluctuate for each reason explain your answer?
_ Price _ Volume _ Demographic _ Competitors _ Economy
What is the budget of Making Our Economy Right?
The budget of Making Our Economy Right is 3,000 dollars.
Fiscal policy and monetary policy?
fiscal is the governments budget in terms of spending and expenditure. so there can either be a budget deficit or a budget surplus. when there is a budget surplus, government use a contractionary fiscal policy, and when there is a deficit, they use an expansionary fiscal policy. Monetary policy is used to combat an economy growing to quickly and inflation is rising. in most countries this is the Official Cash Rate. There is a tight monetary policy which government can impose if the economy is growing rapidly and this is used to constrict spending within that economy
Why is planning a budget important to a governments success?
no
Explain why an economy income must equal it's expenditure?
An economy's income must equal it's expenditure to keep its budget in balance. If the income is less, it results in debt which eventually has to be paid back.
Why always Indian have deficit budget?
Indian economy operates at deficit budget because India is a growing economy and a deficit budget alway boosts the economy.Indian economy is a planned economy where the Fiscal budget of total expenditure is always higher than total budget receipts and capital receipts excluding borrowings.
What is budget outturn?
explain the term budget out turn
How does the Panama Canal affect the economy of the world?
it makes the trade routes easier to transport goods. it also lowers the budget by having a shortcut
How does panama canal affect the economy of the world?
it makes the trade routes easier to transport goods. it also lowers the budget by having a shortcut
What can neither faderal nor state governments do?
Adhere to a budget
What are synonyms of economy?
budget; financial system
