Answer-What do you mean by balanced budget?

Q: Answer-What do you mean by balanced budget?

A balanced budget particularly that of a government is a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget surplus exists the accounts balance. More generally, it is a budget that has no budget deficit but could have a budget surplus.

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What do you mean by balanced budget?

Question

What do you mean by balanced

budget?

A Expenditure not equal to revenue Correct Answer Incorrect Answer

B Expenditure equal to revenue Correct Answer Incorrect Answer

C Expenditure more the revenue Correct Answer Incorrect Answer

D Expenditure is less than revenue Correct Answer Incorrect Answer

Solution

A balanced budget (particularly that of a government) is a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget surplus exists (the accounts "balance"). More generally, it is a budget that has no budget deficit but could have a budget surplus.

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