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प्रश्न
Explain how government budget can be helpful in bringing economic stabilization in the economy.
उत्तर
Taxes and government expenditure can be influenced in bringing economic stabilisation in the following ways:
1) A tax is a legally compulsory payment imposed by the government on households and producers. The government imposes taxes on socially unsafe goods such as alcohol and tobacco. Thereby resources will be shifted to the production of socially essential goods.
2) Subsidies do not reduce the liability of the government and it does not add to the assets of the government. The government also provides subsidies for necessary goods such as wheat, rice and sugar. Thereby the resources are shifted from the production of goods for the rich to the production of goods for the poor.
Thus, government budget can be helpful in bringing economic stabilisation in the economy.
संबंधित प्रश्न
Government raises its expenditure on producing public goods. Which economic value does it reflect? Explain.
Explain any one objective of Government Budget.
Explain the role of government budget in bringing stability in the economy.
Explain how government budget can be used to influence the distribution of income?
Answer the following question.
Explain how the government can use the budgetary policy in reducing inequalities in incomes.
Explain the role of the government budget infighting inflationary and deflationary tendencies.
Explain the budget expenditure of the government.
Explain the economic stability as objectives of government budget.
Define of Explain the following concepts.
Balanced budget
State whether the following statements are TRUE or FALSE with reason.
Government budget is a family budget.
Choose the correct answer :
The Government budget is for _________.
Explain why public goods must be provided by the government.
Which of the following are the objectives of government budget?
Two friends Komal and Ritika were discussing the Government budget.
"Through its budgetary policy the government of a country directs the allocation of resources in a manner such that there is a balance between the goals of profit maximisation and social welfare".
The above-mentioned statement was given by Komal, identify the objective of Government budget was she talking about?
The focus of government budget is to:
Identify the objective of the budget.
The primary deficit in a government budget is:
In order to tackle the problem of rising general price in an economy, government may come up with a surplus budget to achieve the budget objective of ______.
- reallocation of resources
- price stability
- redistribution of income
