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During Depression _____________ Budget is Preferable - Economics

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Question

During depression _____________ budget is preferable. (balanced/surplus deficit/zero)

Solution

During depression deficit budget is preferable.

Explanation:
During times of depression, the deficit budget is prepared and is preferable. Deficit budget refers to the budget when the total government receipts fall short of government expenditures.

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2013-2014 (March)
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