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Budget

Revenue equal...

Question

Revenue equals expenditure in a:

A

Balanced budget

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B

Deficit budget

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C

Surplus budget

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D

Ordinary budget

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Solution

The correct option is A Balanced budget
A balanced budget is a budget in which revenue is equal to the expenditure of the government.
There is neither a budget deficit nor a budget surplus.Hence, revenue equals expenditure in a balanced budget.

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