Question

What are the three types of government budgets?

Answer 1

The three types of government budget are:

1. Balanced budget
2. Surplus budget
3. Deficit budget

Also read:

• Budget Deficit
• Difference Between Standard Costing and Budgetary Control
• The Consumers Budget
• Balanced Surplus and Deficit Budget
• Difference Between Capital Expenditure and Revenue Expenditure
• Government Budget and the Economy

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