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What does it mean to cut the budget?
It means that less money will be budgeted than in the previous year. Thus, the phrase, "cut the budget", indicates that one or more areas of a budgeted total amount of money will need to be reduced.
What is the situation in which the amount of available money increases faster than the amount of available goods is known as?
supply and demand
What is the difference among fiscal deficit budget deficit revenue deficit and trade deficit?
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
What is a budget deficit?
A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.
If government officials are calculating the amount of money the federal government borrows for one fiscal year, they are _____.?
calculating a budget deficit
What is a discretionary income?
the amount of money available in a budget after all identified expenses has been paid
A word starting with b that means amount of money available?
Balance
What means spending beyond the amount of money one has available?
conspicuous consumtion
Which of these means spending beyond the amount of money one has available?
conspicuous consumption
Why is a budget necessary?
If there is a limited amount of money, a budget is necessary. This means that a budget is almost always necessary. The reason is that a budget keeps spending in control. By knowing how much money can be spent on one thing, such as clothing, one can know that there will be money left over to buy another thing, such as groceries.
Is a budget always necessary Why?
If there is a limited amount of money, a budget is necessary. This means that a budget is almost always necessary. The reason is that a budget keeps spending in control. By knowing how much money can be spent on one thing, such as clothing, one can know that there will be money left over to buy another thing, such as groceries.
What is an amount of money for a specific purpose?
Budget
What does it mean to cut the budget?
It means that less money will be budgeted than in the previous year. Thus, the phrase, "cut the budget", indicates that one or more areas of a budgeted total amount of money will need to be reduced.
What is the budget cost for home building?
The budget cost of a home is the amount of money a person can spend to purchase a home. This amount will vary depending on a person's income.
What is the definition of food budget?
food budget means a right way of spent money on food.
What online budget planners are available to use for free?
One of the free online budget planners available are on the Money Advice Service site. By visiting their 'manager your money' section you can use the free quick budget planning tool which claims to provide accurate results.
What is a fixed budget?
There are many things that could be meant by a fixed budget. It could mean that you only have a limited amount of money to spend.
