--%>
Assignment Help - homework help

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 : Economic profits to entrepreneurs

    Economic profits are NOT recompenses to entrepreneurs who: (1) endure business uncertainty. (2) provide society along with economic capital. (3) innovate new goods and technologies. (4) exercise monopoly power or monopsony power. (5)

    		•
  • Q : Monopolistic competition in market power

    A firm which has some market power but for that long-run profit is prevented by freedom of entry and exit is engaged within: (1) pure monopoly. (2) pure oligopoly. (3) monopolistic competition. (4) socially responsible behavior. (5) pure competition.<

    		•
  • Q : Rate of Return on Investment When the

    When the rate of return on investment equals the interest rate, in that case the optimal level of investment will: (w) rise. (x) fall. (y) not change. (z) Any of the above is possible.

    Q : Recognizing market demand for a good I

    I have a problem in economics on recognizing market demand for a good. Please help me in the following question. To determine the market demand for a good, add up the: (1) Quantities supplied at each and every price. (2) Quantities demanded at each and every price. (3

    		•
  • Q : Conscious Interdependence Oligopolists

    Oligopolists enter within formal or informal arrangements to fix prices within attempts to: (1) stabilize prices to customers. (2) compete more effectively along with foreign competitors. (3) reduce the price elasticity of market demand.  (4) max

    		•
  • Q : Determine inferior good by income

    As in below figure demonstrates how consumption of goods A, B, C, and D varies like a family’s income changes. Of such goods, the only inferior good: (w) good A. (x) good B  (y) good C. (z) good D.

  • Q : Accepting prevailing market price by

    Unlike firms along with substantial market power, price takers: (w) control the prices of purchases or sales, but not their quality. (x) have no choice but to accept the prevailing market price. (y) adjust output and price to maximize profit. (z) are

    		•
  • Q : Change of demand If demand for good

    If demand for good falls due to increase in its own price. Then what is the change in demand termed? Answer: Contraction of demand

    		•
  • Q : Problem relating to Exploitation I have

    I have a problem in economics on Problem concerning Exploitation. Please help me in the given question. Whenever resource suppliers are salaried less than the values of their marginal products [or VMPs], then they are stated to be: (p) Monopsonistic. (q) Monopolistic.

    		•
  • Q : Study of Microeconomics primarily

    Microeconomics primarily consist the study of: (w) unemployment, inflation, and our monetary system. (x) capitalism versus socialism. (y) individual decision making within households, industries and firms. (z) rational budgeting through government and

    		•