1
Question
Is balanced budget always the best budget?
Is balanced budget always the best budget?
Open in App
Solution
Not necessarily. A moderate fiscal deficit (around 3%) is found to be conducive to growth, when investment is low because of low AD.
Not necessarily. A moderate fiscal deficit (around 3%) is found to be conducive to growth, when investment is low because of low AD.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
