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Q: What does a balanced budget mean in terms of government revenue?
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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


What is the distinction between marginal revenue product and marginal revenue?

I'm thinking that marginal revenue product is the marginal revenue on one product, and marginal revenue is the marginal revenue on the whole firm sales... I'm wondering the same thing but the above response is incorrect. both terms imply values on one item as indicated by the "marginal"


What is 'Revenue and Profitability'?

Revenue is the income into the company from Sales or the provision of services. Profitability is an assessment of the companies performance where Revenue & Expenditure are compared and the difference is a profit or loss which thereby indicates the profitability of the business. In simple terms its' ability to make a profit or not.


What resources does Mexico have that add to their economy?

All of them do; however in terms of revenue from exports, oil is the most important among them.


Which of the following terms describes a system of maximizing revenue through adjusting room rates according to demand?

yield managment

Related questions

What does OMB stand for in the government terms?

Office of Management and Budget


What terms can be used to describe money that is earned by government when it levies taxes?

revenue


Who was in the majority the house and senate during Bill Clinton 2 terms?

No he did not have majority in the house and senate when he balanced the federal budget and had a surplus!


Biggest company in Mexico?

Government-owned Pemex qualifies as such, both in terms of revenue and number of employees.


What is Mexico most vauble natural resource?

Crude oil qualifies as such, both in terms of volume as well as revenue for the Mexican government.


Which of the following terms best represents the process of obtaining revenue through taxation and the subsequent spending of the tax dollars in order to operate the government?

fiscal policy


What is balanced in terms of numbers of atoms?

because


What is Mexico's major institution?

You mean in terms of government budget assigned? That would be the Secretariat of Public Education (Secretaría de Educación Pública, SEP) with a budget of US$15,156,192,000 or 5.5% of the Gross Domestic Product.


What is the meaning of budget deficit?

In simplest terms, a budget deficit means spending more than what is being earned. Or, more money is going out than income coming in. It is a term more common when discussing government spending.


What is the meaning of a Deficit budget?

In simplest terms, a budget deficit means spending more than what is being earned. Or, more money is going out than income coming in. It is a term more common when discussing government spending.


In terms of percentage of sales revenue which type of business is the largest?

Corporations make up about 84% of sales revenue


What is the largest airline in the world in terms of revenue?

American Airlines