Balanced Budget | Unbalanced Budget | Economics
Balanced And Unbalanced Budget 1. Balanced Budget It is one when estimated revenues are equal to estimated expenditures or the amount of tax is equal
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Balanced And Unbalanced Budget 1. Balanced Budget It is one when estimated revenues are equal to estimated expenditures or the amount of tax is equal
Budget Receipts taxes, prices of goods and services supplied by public enterprises, fees, fines, gifts, grants, etc. budget receipts are estimated money receipts of the
GOVERNMENT BUDGET A government budget is a statement showing item wise estimated receipts and estimated expenditures under various heads during a fiscal year which runs
Basic Economic Problem :- Basic Economic Problem faced by every economy,  is a problem of choice, which involves satisfaction of unlimited wants of human beings, for
An economy as a whole, comprises of various individuals, companies various commodities etc. , like individual income, output of a particular commodity by a company
Price elasticity of demand:- Price Elasticity of Demand , means the degree of responsiveness of demand for a commodity , with reference to change in
Table of Content Category CBSE Class 12 Notes Subject Economics Topic Introduction to Economics Class 12 WHAT IS THE ECONOMY AND THE VITAL PROCESSES OF