English

State any two features of public goods. - Economics

Advertisements
Advertisements

Question

State any two features of public goods.

Short Note

Solution

Two features of public goods are:

  • Non-excludable
  • Non-rivalrous
shaalaa.com
Objectives of Government Budget
  Is there an error in this question or solution?
2023-2024 (March) Board Sample Paper

RELATED QUESTIONS

Explain how government budget can used to bring in price stability in the economy.


Government raises its expenditure on producing public goods. Which economic value does it reflect? Explain.


Explain any one objective of Government Budget.


Explain how government budget can be helpful in bringing economic stabilization in the economy.


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 concept of ‘fiscal deficit’ in a government budget. What does it indicate?


Explain the ‘redistribution of income’ objective of Government budget.


State whether the following statements are TRUE or FALSE with reason.

 Government budget is a family budget.  


Explain why public goods must be provided by the government.


Which of the following are the objectives of government budget?


The Government can achieve its budget objective of ‘Redistribution of Income’ by ____________.


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.


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 ______.

  1. reallocation of resources
  2. price stability
  3. redistribution of income

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×