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When the government expenditure is more than it's revenue than the national budget is said to have a?
Wiki User
∙ 11y ago
deficit
Wiki User
∙ 11y ago
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When government spending is higher than government revenue it is called?
Over expenditure
How can national debt be elimined?
By balancing the budget. This can be done by increasing government income (raising taxes) and decreasing government expenditure.
What is it called when the government annually spend more than its receives in revenue?
a federal budget deficit
The federal budget deficit is found by?
Subtracting government tax revenue plus government borrowing from government spending in a particular year.
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.
Definition of budget deficit?
If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE
What is the Difference between fiscal deficit and revenue surplus?
Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.
When government spending is higher than government revenue it is called?
Over expenditure
What is revenue budget?
The revenue budget primarily comprises Governmentrevenue receipts like tax and expenditure met from the revenue.The tax revenues principally constitute yields of taxes and otherduties imposed by the Government of India.
What is revenue expenditure in budget?
i dont no plz u tell me
How can national debt be elimined?
By balancing the budget. This can be done by increasing government income (raising taxes) and decreasing government expenditure.
The largest expenditure in the national budget is?
human resources.
What is planned expenditure in government budget?
Planned expenditure is how much money a business plans to spend.
What has the author Kausik Chaudhuri written?
Kausik Chaudhuri has written: 'Revenue-expenditure nexus for southern states' -- subject(s): Government spending policy, Econometric models, Tax revenue estimating, Fiscal policy, Budget deficits
What is a sample cash budget?
A sample cash budget will just indicate the various sources of revenue and how it is to be spent. A cash budget is influenced by previous income and expenditure ventures.
Explain how new jobs in the economy can affect the government's budget?
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.
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.
