--%>

Define deficit budget

Deficit budget: When expenditure of the government is greater than its receipts, it is termed as deficit budget.

   Related Questions in Microeconomics

  • Q : Marginal Rate of transformation Define?

    Define? Marginal Rate of transformation?? Describe with the help of an illustration.

  • Q : Legal barriers to entry in a market

    Governmentally-imposed obstacles to the entrance of new firms within a market are termed as: (1) regulatory barriers or legal barriers to entry. (2) strategic barriers to entry. (3) natural barriers to entry. (4) tax barriers to entry. (5) revenue blockades.

  • Q : Economics like a social science Why is

    Why is economics seen like a social science?

  • Q : Assumption of Ceteris paribus Can

    Can someone help me in finding out the right answer from the given options. Suppose that everything except the variables we are studying remains constant or steady is termed as the: (1) Ceteris paribus assumption. (2) Ex-ante assumption. (3) Ex-post assumption. (4) Po

  • Q : Explain about most price elasticity

    Which of the given recommend that supply is most price elastic: (1) a pay hike from $400 to $800 monthly raises military enlistees from 12,000 to 28,000 monthly. (2) A 20% increase in goat milk production follows a 40% increase in the price of cow mil

  • Q : Equilibrium price in short run The

    The equilibrium prices for cranberries within the short run of: (w) P1. (x) P2. (y) P3. (z) P4.

    Q : Describe the wave of mergers in the

    Describe the wave of mergers in the banking industry?Many economic factors have caused banking institutions to merge over the past various years. What are these factors comprise Please explain breifly...

  • Q : Inequality of Income in Loren Curve A

    A Lorenz curve which is more bowed away from a 45 degree line indicates larger: (w) degrees of economic competition. (x) success for anti poverty programs. (y) equality of income. (z) inequality of income. How can

  • Q : Barriers to entry A barrier to entry

    A barrier to entry is: (w) an impediment for firms to expand their output capacity. (x) a limit to the number of entrants to a monopolist industry. (y) an obstacle which makes this hard for new firms to enter the industry. (z) the fixed cost to a pote

  • Q : Enter an industry by barriers to entry

    Barriers to entry: (w) make this complicated or impossible for new firms to profitably enter an industry. (x) uniformly violate U.S. antitrust statutes. (y) are fundamentally technological instead of economic. (z) stimulate aggressive competition.