ESSENTIALS OF ECONOMICS
4th Edition
ISBN: 9781464188466
Author: KRUGMAN
Publisher: Norton, W. W. & Company, Inc.
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Question
Chapter 17, Problem 12P
To determine
Concept Introduction:
Balanced Budget: When the revenue of a government from all the sources are equal to the expenditure of the government that is when there is neither budget surplus nor budget deficit then the budget of government is said to be a balanced budget.
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ESSENTIALS OF ECONOMICS
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