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Q: How much is the total revenue and total expenditure for the year 2013 to 2014 National Budget?
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What is national expenditure?

It is the total expenditure for all kinds within the economy that is public and private. The national expenditure =Consumption+Investment+government purchases.


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.


Total outlay method---graphical presentation?

Total outlay method, purposed by Marshall, seeks to answer how would any change in the price of a commodity affect the revenue(expenditure) of the firm, by influencing the quantity demanded of that commodity.According to this method, elasticity is measured by comparing expenditure levels before and after any change in price, i.e. whether new expenditure is more than, or less than, or equal to the initial expenditure level. This method helps a seller in taking a decision to raise price only if the reducition in quantity demanded does not reduce total revenue of the seller.


Is the accumulated total of all previous federal budget deficits?

national debt


What is the difference between real national income and nominal national income?

Real national income : the actual quantity of goods and services produced. the standard of living depends very much on the quantities of goods and services produced. Nominal national income : the money values of total output, total factor incomes and total expenditure. national income is measured in this way.

Related questions

What is national expenditure?

It is the total expenditure for all kinds within the economy that is public and private. The national expenditure =Consumption+Investment+government purchases.


How much of the national budget of the Philippines is allocated for health care?

According to the Department of Budget and Management, the government spent more than P28.6 billion for the health sector in 2008. This amount accounts for 2.3 percent of total government expenditure for all its sectoral programs.


What is the term national budget mean?

National Budget is tye total of all monies that a government can spend on its departments.


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.


Total outlay method---graphical presentation?

Total outlay method, purposed by Marshall, seeks to answer how would any change in the price of a commodity affect the revenue(expenditure) of the firm, by influencing the quantity demanded of that commodity.According to this method, elasticity is measured by comparing expenditure levels before and after any change in price, i.e. whether new expenditure is more than, or less than, or equal to the initial expenditure level. This method helps a seller in taking a decision to raise price only if the reducition in quantity demanded does not reduce total revenue of the seller.


What total revenue spending for the year and set targets for how much will be spent in various categories?

Budget resolution


Is the accumulated total of all previous federal budget deficits?

national debt


The percentage of income tax of total revenue?

According to the Fiscal Year 2008 Budget, 46% of federal revenue is from individual income taxes. Another 35% is from Social Security, Medicare, and Federal Unemployment taxes, which are used by Congress as general revenue.


What is plan and non plan budget?

There are two components of expenditure - plan and non-plan. Of these, plan expenditures are estimated after discussions between each of the ministries concerned and the Planning Commission. Plan expenditure forms a sizeable proportion of the total expenditure of the Central Government. The Demands for Grants of the various Ministries show the Plan expenditure under each head separately from the Non-Plan expenditure. Non-plan revenue expenditure is accounted for by interest payments, subsidies (mainly on food and fertilisers), wage and salary payments to government employees, grants to States and Union Territories governments, pensions, police, economic services in various sectors, other general services such as tax collection, social services, and grants to foreign governments.


What percent of the total federal budget is spent on FEMA relative to other programs?

FEMA spends about 6 percent of its budget on national emergencies. :)


What was the UK's government budget in 2009?

The UK's Government Budget in 2009 was also known as the Building Britian's Future Budget. The Total Revenue was 29% of the 2008 GDP. The Total Expenditures was 40% of the 2008 GDP and the Deficit was 10.5% of the 2008 GDP. You can view full details to the UK 's 2009 Government Budget online at Wikipedia.


What is the difference between real national income and nominal national income?

Real national income : the actual quantity of goods and services produced. the standard of living depends very much on the quantities of goods and services produced. Nominal national income : the money values of total output, total factor incomes and total expenditure. national income is measured in this way.